Ripple Expands Payment Services in Singapore with MAS Approval for MPI License

Ripple receives MAS approval to expand payment services, enhancing its crypto solutions in Singapore and beyond.

Fridah Kangai
December 2, 2025
9:51 am

Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.

Ripple expands payment services in Singapore with MAS approval.
New MPI license enables Ripple to offer broader crypto solutions.
Ripple strengthens position in Asia-Pacific digital asset market.

Ripple has already obtained permission to increase the coverage of its Major Payment Institution (MPI) license as granted by the Monetary Authority of Singapore (MAS). This new license will allow the subsidiary of Ripple, Ripple Markets APAC Pte. Ltd. (RMA), to provide more types of regulated payment services and increase its capacity to serve the customers in Singapore and other countries.

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Strengthening Ripple’s Position in the Asia-Pacific Market

The obvious regulatory structure of digital assets in Singapore has played a significant role in helping Ripple achieve continued success there. Being one of the few blockchain-based companies globally that have acquired an MPI license, Ripple can now offer the entire range of services, including payment processing and cryptocurrency solutions, and remain compliant with regulatory requirements.

Huge news from Singapore: https://t.co/KVxTs7IEKc

The @MAS_sg has approved an expanded scope of payment activities for our Major Payment Institution license – enabling us to deliver end-to-end, fully licensed payment services to our customers in the region. 🇸🇬
— Ripple (@Ripple) December 1, 2025

Ripple President Monica Long emphasized the progressive attitude to regulation in Singapore, which she says contributes to innovation. Through the adoption of a regulation-first approach, Ripple has remained focused on compliance, and the extended license provides increased freedom in providing efficient payment services.

Ripple Payments Streamlines Cross-Border Transactions

Ripple Payments uses digital payment tokens (DPTs), including RLUSD and XRP, in order to transact across boundaries. An end-to-end solution is such that the businesses can make payments promptly without incurring a massive investment in infrastructure. The extensive platform offered by Ripple simplifies the process of operating the company, including the collection and payout processes under one integration.

This growth is also accompanied by the fact that the Asia-Pacific region is witnessing massive growth of digital asset usage, with on-chain activity growing by 70 percent annually. Singapore is leading this expansion, and the increased services of Ripple will facilitate the financial institutions that are spearheading this change, which will offer quicker and more effective payment services.

Ripple footprint Singapore Ripple has historically used Singapore as one of the key regions of its global strategy since it set up its Asia-Pacific headquarters in 2017. Under the extended MPI license, Ripple will be in a perfect position to keep helping finance the ecosystem of the region and secure a stronger place in the global payment space of the blockchain-enabled population.

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