Singapore's Central Bank to Trial Tokenized Bills, Introduce Stablecoin Laws

Singapore's Central Bank is set to conduct a trial involving tokenized bills, which are digital representations of traditional financial instruments, while simultaneously working on the introduction of regulatory frameworks for stablecoins, a type of cryptocurrency that is designed to maintain a stable value by being pegged to a reserve of assets. This initiative aims to explore the potential benefits and applications of blockchain technology in the financial sector, enhance the efficiency of transactions, and ensure the safe and responsible use of digital currencies within the economy. source: https://www.coindesk.com/policy/2025/11/13/singapore-s-central-bank-to-trial-tokenized-bills-introduce-stablecoin-laws