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Bank of England names Polygon Labs as Digital Pound Lab enters Phase 2
Aug 12, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan
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The Bank of England selected Polygon Labs, NOBO Finance, and Dun & Bradstreet to run the next round of its Digital Pound Lab to test how a central bank digital pound (CBDC) and private stablecoins could settle different parts of the same cross-border trade deal. The pilot examines CBDC-stablecoin co-settlement, tokenized payment rails and interoperability to assess impacts on cross-border settlement efficiency, security and crypto/DeFi adoption.
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The Bank of England has selected Polygon Labs, NOBO Finance, and business-data provider Dun & Bradstreet to run the next round of its Digital Pound Lab. These companies are testing how a central bank digital pound and private stablecoins could settle different parts of the same cross-border trade deal. What problem is the Bank of...
