Polygon Labs Joins Bank of England's Digital Pound Lab for Cross-Border Settlement Tests

Polygon Labs has been selected to participate in Phase 2 of the Bank of England's Digital Pound Lab. This is alongside NOBO and Dun & Bradstreet, where they will test cross-border settlement using the Open Money Stack. The stack includes digital-pound and cross-border stablecoin settlement.

The project aims to demonstrate how the Open Money Stack supports regulated financial workflows and trade-related transactions across jurisdictions. Polygon's participation provides an opportunity to validate its role in this use case, but it does not by itself demonstrate broad adoption or market effect.