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POL (ex-MATIC): Polygon Labs joins Digital Pound Lab - 12 Aug 2026

By Exbasi Intelligence
Sourced from CoinMarketCal
POL (ex-MATIC): Polygon Labs joins Digital Pound Lab - 12 Aug 2026
Polygon Labs announces its selection to participate in Phase 2 of the Bank of England's Digital Pound Lab alongside NOBO and Dun & Bradstreet. The project tests cross-border settlement powered by the Open Money Stack, including digital-pound and cross-border stablecoin settlement.The test places Polygon's settlement infrastructure in an institutional digital-pound and cross-border trade-finance setting. Testing settlement across jurisdictions can show how the Open Money Stack supports regulated financial workflows and trade-related transactions.Participation provides an opportunity to validate Polygon's role in this use case, but it does not by itself demonstrate broad adoption or a market effect.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.

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