J.P. Morgan, Standard Chartered, DBS, Anchorage Digital, and Kasikornbank are among the founding or existing banking and crypto institutional participants in Singapore's BLOOM initiative.

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