Ripple continues its international expansion, with Singapore’s Monetary Authority approving a significant expansion of their payment services license for Ripple Markets APAC Pte. Ltd., opening doors for increased service offerings to local clients. The company has been actively forging partnerships across Asia. Notably, Ripple recently received recognition from the Abu Dhabi Financial Services Regulatory Authority (FSRA) for its stablecoin RLUSD in the UAE and from the Dubai Financial Services Authority (DFSA) within the DIFC. 21Shares, another upcoming player in this space, is also set to launch a spot XRP ETF later today (December 1), fueled by increasing investor interest. This comes on the heels of recent approvals for Canary Capital’s XRP ETF and other firms like Bitwise and Grayscale. This has been met with both optimism regarding potential price surges and caution due to market volatility, as seen in XRP’s substantial 8% drop over the past 24 hours.