Key Insights:
- Ripple received MAS approval to expand its MPI license for broader regulated payment services.
- The license now allows Ripple to process XRP and RLUSD transactions for financial institutions.
- Analysts expect a 2026 altcoin cycle, with models indicating that the XRP price will repeat structures seen in past rallies.
Ripple has received regulatory approval in Singapore, strengthening its position in Asia’s digital payments market. The Monetary Authority of Singapore (MAS) has expanded the scope of Ripple’s Major Payment Institution (MPI) license, enabling the company to support a broader range of regulated services.
The updated license enables Ripple to handle higher volumes of cross-border transactions using XRP and RLUSD, its digital payment tokens. The development comes as analysts revisit long-term market cycles for altcoins and renew discussions about XRP price potential performance in the next expansion phase.
Singapore Expands Ripple-Regulated Payment Capabilities
Ripple Markets APAC Pte. Ltd., the company’s Singapore subsidiary, secured its initial MPI license in 2023. The new approval broadens the services it can offer under Singapore’s regulatory framework. With this clearance, Ripple can support payment activities involving digital payment tokens for banks, fintech firms and crypto companies operating in the region.
MAS is known for its clear rules for digital assets, a structure that has attracted global payment providers. Ripple President Monica Long said the approval strengthens the company’s plans to build infrastructure that helps institutions process global transfers with accuracy and speed. The XRP company intends to use the updated license to streamline its payments network for partners seeking faster settlement.
Ripple Payments already combines digital tokens and a global payout system to support regulated cross-border transfers. It removes the burden of technical management, allowing businesses to integrate blockchain-based payments without building their own architecture. The service also operates through a single onboarding process, enabling institutions to utilize a single provider for the entire payment flow.
Broader Access to XRP and RLUSD Payment Uses
The expanded license now allows Ripple to process larger volumes of transactions involving XRP and its stablecoin RLUSD. These assets play a central role in Ripple Payments, which supports settlement and round-the-clock transfer capability. The updated regulatory clearance means Ripple can connect more institutions to its digital token infrastructure without requiring them to hold the assets directly.
Ripple Vice President and Managing Director for Asia Pacific, Fiona Murray, stated that the region experienced nearly 70% growth in on-chain activity year-over-year. She noted that Singapore remains one of the most active centers for digital asset use, making it an important market for Ripple’s long-term plans. The XRP company has operated its Asia Pacific headquarters in Singapore since 2017 and continues to expand partnerships with financial firms using it.
The wider MPI license also supports new initiatives involving RLUSD. Ripple is collaborating with Mastercard and Gemini on pilots that evaluate the use of RLUSD in fiat card settlement systems. These tests aim to determine how blockchain-based assets can be integrated into traditional transaction networks through regulated channels.
Analysts Evaluate Conditions for XRP Price Next Cycle
While Ripple expands its regulated services, market analysts are assessing long-term patterns for XRP price. Analyst Amonyx argues that the next altcoin expansion could surpass previous cycles. He refers to data comparing altcoins against Bitcoin during periods of growth in 2017 and 2021. His chart labels these periods as “Altcoin Season I” and “Altcoin Season II,” each showing large capital rotations from Bitcoin into alternative assets.
Amonyx positions a projected “Altcoin Season III” around 2026, depicting it as a larger cycle driven by structural factors forming across the market. He suggests that the ratio between altcoins and Bitcoin has shown long phases of compression from 2023 to 2025, similar to earlier periods.
According to his projections, XRP price could capture a share of capital if a wider rotation occurs, based on its increased regulatory clarity.
Another analyst, Steph Is Crypto, compared current Ripple price structure with its 2017 pattern. He points to four recurring points that formed before XRP’s early-2017 rally. His chart presented a similar four-point formation developing in 2025, with the market positioned near the final stage of the structure.
The pattern included a rounded arc, repeated compression zones and the fourth point acting as a reset level. Based on the chart comparison alone, XRP price may be nearing the end of its present consolidation.
Therefore, Ripple’s increased ability to process XRP and RLUSD in Singapore adds another element to current market discussions around the token. The regulatory approval strengthens Ripple’s regional infrastructure at a time when analysts are tracking cyclical signals across altcoins.
Moses K is a crypto journalist covering markets, regulation, and blockchain trends. He has written for The Coin Republic, Coinchapter, Cryptopolitan, Cryptotale, Coinspeaker, and MPost. Known for his concise, data-driven reporting, Moses focuses on price analysis, on-chain metrics, and policy developments shaping the global digital asset landscape.
