Standard Chartered, AirAsia parent to test ringgit stablecoin in Malaysia

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Why This Matters

Standard Chartered Malaysia and Capital A are collaborating to develop and test a ringgit-pegged stablecoin aimed at wholesale applications. This initiative reflects a growing interest in digital currencies and could enhance financial transactions in Malaysia.

Market Impact

Market impact analysis based on bullish sentiment with 72% confidence.

Sentiment
Bullish
AI Confidence
72%

Article Context

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Standard Chartered Malaysia and AirAsia parent Capital A plan to issue and test a ringgit-pegged stablecoin for wholesale applications.

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Original article published by Unknown on December 12, 2025.
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