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The Central Bank of Malaysia will test practical applications involving the Ringgit stablecoin and tokenized deposits in 2026.
Mars Finance reports that, according to market sources, the Central Bank of Malaysia announced that it will test real-world applications involving the Ringgit stablecoin and tokenized deposits in 2026. It stated that the testing will enable the central bank to assess the impact of stablecoins and tokenized deposits on monetary and financial stability and provide a basis for policy directions in these specific areas. More clear guidelines on the use of the Ringgit stablecoin and tokenized deposits are expected to be provided by the end of 2026.