Capital A & Standard Chartered Explore Malaysia’s First Ringgit-Backed Stablecoin

TLDR: Capital A and Standard Chartered Malaysia will explore a Ringgit-backed stablecoin through BNM’s regulated sandbox. The MYR stablecoin aims to support wholesale digital-asset use cases across Capital A’s multi-industry ecosystem. Standard Chartered Malaysia is positioned as the issuer, offering institutional-grade controls and compliance frameworks. The partnership supports Malaysia’s plan to advance responsible digital-asset innovation [...]

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