Ripple (CRYPTO: XRP) is piloting its RLUSD (CRYPTO: RLUSD) stablecoin in a trade finance sandbox backed by Singapore's central bank, targeting faster and more efficient cross-border payments. RLUSD Put To Test The pilot, part of the Monetary Authority of Singapore's BLOOM initiative, involves Ripple partnering with Unloq to automate trade payments, CoinDesk reported on Wednesday.