Polygon Labs is collaborating with the Bank of England in Phase 2 of the Digital Pound Lab to explore how a digital pound and stablecoins could work together in real-world trade finance scenarios. The project focuses on creating reusable credit profiles for SMEs and testing cross-border invoice factoring using a simulated digital pound and stablecoins. This sandbox exercise aims to improve interoperability between public digital currencies and private stablecoins, potentially addressing the global trade finance gap for small businesses. The initiative runs from November 2025 to July 2026 and involves partners like NOBO Finance and Dun & Bradstreet.
The Bank of England has launched trials connecting digital pound infrastructure with stablecoins to improve cross-border payments for small and medium enterprises (SMEs). Partnering with Polygon Labs, NOBO Finance, and Dun & Bradstreet, the initiativ...
The Bank of England's Digital Pound Lab has entered Phase 2 with NOBO Finance, Dun & Bradstreet, and Polygon Labs to test SME cross-border trade finance using stablecoin payments and digital pound settlements. The pilot aims to create reusable SME cr...
The Bank of England has launched the second phase of its Digital Pound Lab, involving NOBO Finance, Dun & Bradstreet, and Polygon Labs to test how stablecoins and a potential digital pound can improve cross-border trade finance for SMEs. The project ...
