Polygon selected for Bank of England Digital Pound Lab

Polygon was selected to participate in the Bank of England's Digital Pound Lab, working with NOBO and Dun & Bradstreet. Leveraging its Open Money Stack, Polygon will test what's possible for a digital pound and cross-border stablecoin settlement. One of the first tests will simulate cross-border settlement to enable open money movement onchain.
Sources
- Full announcement: https://t.co/kcpcWctlhk Replying to their earlier post: We'll be participating in The Digital Pound Lab to help modernize cross-border trade finance in England at the infrastructure level. One of our first tests will simulate cross-border settlement to un…x.com ↗
- We'll be participating in The Digital Pound Lab to help modernize cross-border trade finance in England at the infrastructure level. One of our first tests will simulate cross-border settlement to unlock open money movement for anyone, anywhere, onchain. Replying to their earlier post: NEW: Polygon has been selected to participate in the Bank of England’s Digital Pound Lab, with NOBO and Dun & Bradstreet. With our work building the Open Money Stack, we’re testing what's possibl…x.com ↗
- NEW: Polygon has been selected to participate in the Bank of England’s Digital Pound Lab, with NOBO and Dun & Bradstreet. With our work building the Open Money Stack, we’re testing what's possible for a digital pound and cross-border stablecoin settlement. https://t.co/DzpTK8x7Rxx.com ↗