BLOOM
Definition
MAS initiative for tokenized-liability settlement capabilities.
What it means
MAS's settlement initiative for tokenized bank liabilities and well-regulated stablecoins, meant to extend Singapore's institutional settlement capabilities beyond pilot tokenization work.
Where it appears
Research notes
- KBank turns Thailand-Singapore QR travel spend into a named settlement stack: Research note
- Monetary Authority of Singapore turns BLOOM into the settlement leg of Project Guardian: Research note
- DBS and Kinexys by J.P. Morgan make interbank tokenised deposit transfers the next operational test: Research note