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Sign InRipple has confirmed its participation in the Monetary Authority of Singapore's (MAS) BLOOM initiative to pilot its RLUSD stablecoin on the XRP Ledger for trade finance automation. In a recent development, Ripple's treasury executed a series of massive RLUSD burns, destroying millions of tokens within a few hours as part of active supply management. This move follows a recent dip in RLUSD supply to $1.43 billion, while market attention remains fixed on a critical U.S. SEC deadline this Thursday. This regulatory milestone is viewed as a major catalyst for the price direction of XRP, which currently remains in a fragile downtrend despite strategic expansion in Asia. These developments highlight Ripple's efforts to balance technical innovation and institutional adoption against significant legal headwinds in the United States. Regulatory pressures continue to be the primary factor determining the token's trajectory amid active management of the firm's digital asset treasury.