[{"data":1,"prerenderedAt":127},["ShallowReactive",2],{"/blog/bnm-stablecoin-tokenised-deposit-pilots-2026":3},{"id":4,"title":5,"author":6,"authorPic":7,"body":8,"category":116,"coverPics":18,"date":117,"description":118,"extension":119,"meta":120,"navigation":121,"path":122,"seo":123,"stem":124,"type":125,"__hash__":126},"blogs/blog/bnm-stablecoin-tokenised-deposit-pilots-2026.md","BNM greenlights ringgit stablecoin and tokenised deposit pilots","Malaysia Blockchain Association Team","https://api.dicebear.com/7.x/avataaars/svg?seed=mba-team-3",{"type":9,"value":10,"toc":107},"minimark",[11,19,22,30,58,63,70,74,77,82],[12,13,14],"p",{},[15,16],"img",{"alt":17,"src":18},"Regulatory file","/img/blog/gen/bnm-stablecoin-tokenised-deposit-pilots-2026.svg",[12,20,21],{},"The ringgit is getting its first officially sanctioned on-chain experiments.",[12,23,24,25,29],{},"Bank Negara Malaysia has onboarded three initiatives into its ",[26,27,28],"strong",{},"Digital Asset Innovation Hub (DAIH)"," — the controlled testing environment it launched in June 2025 with participation from over 30 domestic and international banking and non-bank players:",[31,32,33,44],"ul",{},[34,35,36,39,40,43],"li",{},[26,37,38],{},"Standard Chartered Malaysia with Capital A",": trialling a ",[26,41,42],{},"ringgit-denominated stablecoin"," for B2B settlements, domestic and cross-border, including settlement of tokenised assets.",[34,45,46,49,50,53,54,57],{},[26,47,48],{},"Maybank"," and ",[26,51,52],{},"CIMB",": two separate ",[26,55,56],{},"tokenised deposit"," pilots for payments.",[59,60,62],"h2",{"id":61},"the-commitment-that-matters","The commitment that matters",[12,64,65,66,69],{},"BNM says it intends to provide ",[26,67,68],{},"policy clarity on ringgit stablecoins and tokenised deposits by end-2026",", with the work feeding its wholesale CBDC explorations. Certain use cases will examine Shariah considerations, and the SC and Khazanah Nasional are among the collaborators.",[59,71,73],{"id":72},"our-read","Our read",[12,75,76],{},"For a central bank that spent a decade repeating \"not legal tender,\" this is a meaningful shift in posture: not endorsement of crypto, but serious engineering work on programmable ringgit money — by the banks, inside the tent. If a regulated ringgit stablecoin emerges from these pilots, everything from token fundraising settlement to on-chain trade finance in Malaysia changes shape. End-2026 just became a date worth circling.",[78,79,81],"h3",{"id":80},"references","References",[31,83,84,93,100],{},[34,85,86],{},[87,88,92],"a",{"href":89,"rel":90},"https://fintechnews.my/56513/blockchain/bnm-stablecoin-tokenised-deposits/",[91],"nofollow","Fintech News Malaysia — \"BNM onboards ringgit stablecoin and tokenised deposit pilots\" (11 Feb 2026)",[34,94,95],{},[87,96,99],{"href":97,"rel":98},"https://www.theblock.co/post/389370/malaysias-central-bank-stablecoin-initiatives",[91],"The Block — \"Malaysia's central bank stablecoin initiatives\" (Feb 2026)",[34,101,102],{},[87,103,106],{"href":104,"rel":105},"https://www.centralbanking.com/central-banks/currency/digital-currencies/7974997/bnm-selects-firms-for-tokenisation-and-stablecoin-pilots",[91],"Central Banking — \"BNM selects firms for tokenisation and stablecoin pilots\"",{"title":108,"searchDepth":109,"depth":109,"links":110},"",2,[111,112],{"id":61,"depth":109,"text":62},{"id":72,"depth":109,"text":73,"children":113},[114],{"id":80,"depth":115,"text":81},3,"News","2026-02-11","Under its Digital Asset Innovation Hub, Bank Negara onboards Standard Chartered and Capital A's ringgit stablecoin trial plus tokenised deposit pilots from Maybank and CIMB — with policy clarity promised by end-2026.","md",{},true,"/blog/bnm-stablecoin-tokenised-deposit-pilots-2026",{"title":5,"description":118},"blog/bnm-stablecoin-tokenised-deposit-pilots-2026","blog","pKIUT-cReRYfirC5nHhZCvawL678UiDGU-TWhRA8dqo",1784183599520]