No real money or customers are involved, and the bank stresses it has not decided to issue a digital pound. The bank is testing whether stablecoins and a digital pound can settle separate legs of the same cross-border trade deal. The Bank of England has named Polygon Labs, NOBO Finance, and Dun & Bradstreet to Phase 2 of its Digital Pound Lab. 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.