On May 20, 2025, StraitsX officially announced the deployment of its Singapore dollar-backed stablecoin, XSGD, on the XRP Ledger. The move marks a significant milestone in the development of real-time, regulated digital payments infrastructure across Asia. This is meant to increase access to compliant and efficient financial rails. StraitsX, a key Southeast Asian digital payment infrastructure provider backed by institutions such as Standard Chartered and DBS, announced a partnership with Ripple. This deployment aims to enable faster, cost-effective, and more secure transactions denominated in Singapore dollars using the XRP Ledger’s advanced capabilities. XRP Ledger as a Settlement Core in a Global Financial System In response to this development, well-known crypto investor Mr. Man commented on the broader implications through a tweet that presents the XRP Ledger as a central framework within the emerging global financial system. We’re witnessing the formation of a unified global financial operating system, and the XRP Ledger (XRPL) is quietly becoming the core settlement layer, the heart that pulses liquidity, compliance, and interoperability across this multi-rail ecosystem. Ripple has built… pic.twitter.com/f7wiX3M4v0 — Mr. Man (@MrManXRP) May 19, 2025 According to the pseudonymous investor, what is unfolding is not simply a regional deployment of a stablecoin, but rather the continued establishment of a unified global operating structure for finance. Mr. Man describes the XRP Ledger as quietly becoming the core settlement layer—a foundation through which liquidity, compliance, and interoperability can move seamlessly across interconnected financial systems. From RLUSD to Multi-Chain Interoperability He emphasizes that Ripple has already constructed a robust institutional-grade infrastructure, referencing the RLUSD stablecoin recently launched, along with innovations such as cross-chain liquidity bridges, burn-to-mint protocols, decentralized recovery (DeRec), and multi-party computation (MPC) custody features. All of these developments collectively support an ecosystem in which stablecoins issued by sovereign-regulated entities, such as XSGD, AUDD, and BBRL, are now being integrated into the XRP Ledger. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Mr. Man also points to Ripple’s growing network of wallet tooling and custody solutions through collaborations with Metaco and Hedera and the firm’s alignment with major financial standard-setting bodies such as ISDA and the CPMI. These components, he argues, are elevating the XRP Ledger from the status of a traditional blockchain to what he calls a “crossledger liquidity router.” Global Financial Entities Integrate into XRPL The tweet further underscores the strategic nature of Ripple’s relationships across the global financial sector. Mr. Man mentions entities such as HashKey Capital, Temenos, FedNow gateways, Aave, and CME futures, suggesting that each layer of the system is aligning to use XRPL as an underlying connectivity and liquidity framework. He argues that XRP is not positioned to compete with other ledgers but to interlink them as a neutral settlement asset. Singapore Deployment Seen as Global Layer 1 Model He concludes his analysis by stating that Ripple has successfully built a universal settlement graph, with XRP functioning as the “connective tissue” between different financial networks. The new arrangement in Singapore, according to Mr. Man, represents a Global Layer 1 (GL1) designation, where local and international institutions adopt the XRP Ledger not as a peripheral blockchain but as a core infrastructure layer. As more sovereign-backed stablecoins integrate into the XRPL ecosystem, the foundation for a harmonized, real-time, and compliant global payment network continues to solidify. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Ledger Is Quietly Becoming the Core Settlement Layer. Here’s the Latest appeared first on Times Tabloid .
