Bank of England taps Polygon consortium for digital pound trade finance tests
Aug 12 2026 09:41 UTC - Rony Roy
Polygon Labs, NOBO Finance and Dun & Bradstreet join the Bank of England’s Digital Pound Lab to test stablecoin and digital pound trade finance.
➤ The Bank of England's Digital Pound Lab is testing trade finance solutions for SMEs, combining stablecoin payments and digital pound settlement.
➤ Polygon Labs, NOBO Finance, and Dun & Bradstreet are collaborating on reusable SME credit profiles and invoice factoring using blockchain infrastructure.
➤ The initiative aims to improve cross-border trade finance efficiency by testing interoperability between different forms of digital money, without using real customers or funds.
Read more at: https://rwatimes.io/articles/crypto-bank-of-england-taps-polygon-consortium-for-digital-pound-trade-finance-tests-2271749345?utm_source=binance
Aug 12 2026 09:41 UTC - Rony Roy
Polygon Labs, NOBO Finance and Dun & Bradstreet join the Bank of England’s Digital Pound Lab to test stablecoin and digital pound trade finance.
➤ The Bank of England's Digital Pound Lab is testing trade finance solutions for SMEs, combining stablecoin payments and digital pound settlement.
➤ Polygon Labs, NOBO Finance, and Dun & Bradstreet are collaborating on reusable SME credit profiles and invoice factoring using blockchain infrastructure.
➤ The initiative aims to improve cross-border trade finance efficiency by testing interoperability between different forms of digital money, without using real customers or funds.
Read more at: https://rwatimes.io/articles/crypto-bank-of-england-taps-polygon-consortium-for-digital-pound-trade-finance-tests-2271749345?utm_source=binance