Wire · technology
Mastercard, 2 central banks join Singapore cross border digital money project, BLOOM
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Fusion42 · 24 October 2026 · Fusion42 review
The Monetary Authority of Singapore announced that Bank Negara Malaysia and the Bank of Thailand have joined BLOOM, a cross-border digital money project using tokenized deposits and regulated stablecoins, alongside major industry players like Mastercard and Visa.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 23 Oct 2026 and 24 Oct 2026.
◆ ◆ The Wire takeaway
Singapore’s BLOOM project is opening cross-border payment routes that bypass bilateral deals, creating a larger market for stablecoin and tokenised deposit integrations you can build on. Your opportunity is to plug into a growing digital money network that central banks and major payment players trust.
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2 sources · first reported 23 Oct 2026 · latest 24 Oct 2026
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