Polygon Labs settled a stablecoin leg against a simulated digital pound in the Bank of England’s Digital Pound Lab, eight weeks after the Bank capped systemic sterling stablecoin issuance at 40 billion pounds. Polygon Labs settled a stablecoin payment against a simulated digital pound inside the Bank of England’s own test environment. A UK importer settles in a digital pound on the Lab’s simulated rails. It has made no decision on whether the second form, the digital pound, will exist at all. Firms issuing sterling stablecoins have a live windowAny firm already issuing or planning a sterling stablecoin is inside the consultation window right now.