Stablecoin News: Singapore MAS Adds Malaysia and Thailand to BLOOM Initiative

Key Insights: Stablecoin news: Malaysia and Thailand join Singapore’s BLOOM initiative as policymaker members. Airwallex, Mastercard, Maybank, Ripple, Visa and the World Bank Group join the expanded group. The initiative covers tokenized deposits, regulated stablecoins and cross-border settlement standards. Stablecoin news gained a regional focus on October 23, 2026, as the Monetary Authority of Singapore (MAS) announced two new policymaker members for its BLOOM initiative. Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) will work with MAS to develop common approaches to cross-border digital money. BLOOM stands for Borderless, Liquid, Open, Online, Multi-currency.