BLOOM's cross-border work includes programmable transaction controls to execute identity verification, sanctions screening, and transaction limits during digital money transfers.

From the articleSingapore, Malaysia and Thailand central banks expand cross-border stablecoin initiative involving Ripple, Visa and MastercardAlso in 3 Asian Central Banks Unite to Connect Stablecoins Across Borders, Singapore's BLOOM Adds Malaysian and Thai Central Banks, but MAS Names No Token - Unchained, Singapore, Malaysia and Thailand team up to make stablecoin payments easier, Malaysia, Thailand Join Singapore’s Cross-Border Payment Push - Blockonomi