XRP News Today: Ripple Joins Singapore BLOOM as ETF Decision Nears

XRP (XRP) steadied after an overnight rally as tentative hopes around renewed US diplomacy lifted sentiment that tensions in the Middle East could begin to cool.

The Ripple token was up about 0.50% intraday and 4.75% from the weekly lows, with traders also weighing a fresh wave of XRP-specific catalysts, including Ripple’s entry into Singapore’s BLOOM trade-finance initiative.

Ripple Joins Singapore’s Trade-Finance Initiative

Ripple has joined the Monetary Authority of Singapore’s BLOOM initiative and partnered with supply-chain fintech Unloq to test programmable trade-finance settlement using the XRP Ledger and RLUSD.

According to Ripple, the pilot integrates Unloq’s SC+ platform with XRPL so payments can be released automatically once conditions such as shipment verification are met. This setup is aimed at cutting settlement delays, improving transparency, and reducing risk for cross-border trade, especially for SMEs.

MAS launched BLOOM in October 2025 to expand settlement capabilities using tokenized bank liabilities and regulated stablecoins, giving Ripple’s latest move a credible regulatory backdrop in Singapore.

SEC Deadline Nears on Remaining XRP ETF Filings

The U.S. Securities and Exchange Commission must issue decisions by March 27, 2026, on the latest batch of spot XRP ETF applications, marking the 240-day statutory maximum for the pending filings.

$XRP NEARS DECISION DAY.

March 27 marks the SEC’s final ETF deadline, a pivotal moment that could reshape XRP’s regulatory future and unlock massive momentum. #XRP

All eyes are on what comes next.

Big move incoming ⏰ pic.twitter.com/XkYqnBnZmA

— John Squire (@TheCryptoSquire) March 25, 2026

Issuers include Franklin Templeton, Bitwise, Grayscale (trust conversion), 21Shares, Canary Capital and others.

Seven spot XRP ETFs are already trading, having attracted close to $1 billion in assets under management since late 2025, according to data resource SoSoValue.

The deadline comes days after the SEC and CFTC jointly classified XRP as a digital commodity on March 17, placing it alongside Bitcoin and Ethereum and removing residual uncertainty about its security classification.

Market participants view the date as a procedural milestone that could ease further institutional access through regulated vehicles. However, major names such as BlackRock and Fidelity have not yet filed for XRP products.

US Crypto Bill Persists Ban on Stablecoin Yields

Fresh CLARITY Act headlines added another layer of regulatory uncertainty to the broader crypto market after Senate negotiators reportedly advanced compromise language that would sharply limit stablecoin yield programs.

The revised draft, backed by Sen. Thom Tillis and Sen. Angela Alsobrooks, is said to ban rewards paid simply for holding stablecoins while still allowing narrower incentives tied to actual platform activity.

🚨 The newest language in the CLARITY Act revealed to crypto insiders on March 23 would ban yield payments for simply holding a stablecoin, and would restrict any approach that makes such a program equivalent to a bank deposit.

Circle’s $CRCL stock dropped ~18% today following… https://t.co/UCgPKfcQWx pic.twitter.com/E60Qs4Rn47

— Crypto Seth (@seth_fin) March 24, 2026

The proposal appears aimed at preventing stablecoins from functioning like interest-bearing bank deposits, a key demand from bank lobby groups.

Markets reacted swiftly, with Circle falling about 18% and Coinbase dropping roughly 9% on March 24, underscoring how crypto policy shifts can ripple across tokens such as XRP as well.

XRP Wedge Rebound Puts $1.51–$1.67 Back in Focus

From a technical standpoint, XRP is attempting a rebound after holding the lower trendline of a rising wedge pattern, a setup that often precedes sharp volatility.

The bounce puts the focus on the wedge’s upper boundary, which aligns with a key resistance cluster between the 20-3D EMA (the green wave) near $1.51 and the 0.618 Fibonacci retracement near $1.67.

A move into that range would mark a notable recovery attempt, though rising wedges typically carry a bearish bias unless bulls force a decisive breakout above resistance.