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Thursday, 6 August 2026

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PREMIUMMaybank Joins MAS Initiative to Advance Programmable Cross-Border Settlement

By Bernard Lee3 min read

Singapore, 6 August 2026 – Maybank Singapore has joined the Monetary Authority of Singapore’s BLOOM initiative, strengthening the Malaysian banking group’s position in the development of tokenised, programmable infrastructure for cross-border payments.

BLOOM; short for Borderless, Liquid, Open, Online and Multi-currency, is an industry initiative exploring how tokenised bank liabilities and regulated stablecoins can support a more interoperable financial ecosystem.

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Author

  • Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.