KUALA LUMPUR: The Digital Asset Innovation Hub (DAIH) has onboarded three initiatives to test real-world applications involving ringgit stablecoins and tokenised deposits in 2026, according to Bank Negara Malaysia (BNM). In a statement, the central bank said the three initiatives would focus on wholesale payment use cases across both domestic and cross-border transactions, including to enable the settlement of tokenised assets. “These initiatives will be conducted in a controlled environment and involve collaboration with ecosystem partners, including corporate clients of financial institutions and other regulators. BNM also intended to provide greater clarity on the use of ringgit stablecoins and tokenised deposits by end-2026. BNM will continue advancing responsible innovation in digital assets through DAIH, which will continue to engage with prospective applicants while placing immediate focus on supporting initiatives already onboarded.

Source: The Star February 12, 2026 06:03 UTC