Standard Chartered, AirAsia parent to test ringgit stablecoin in Malaysia

Dec 12, 2025 - 09:30
Standard Chartered, AirAsia parent to test ringgit stablecoin in Malaysia
Standard Chartered Bank Malaysia and Capital A, the parent company of AirAsia, plan to jointly explore a stablecoin pegged to Malaysia’s local currency, the ringgit. In a statement Friday, the bank’s Malaysian arm and Capital A said they signed a letter of intent to explore a ringgit-pegged stablecoin under the country’s Digital Asset Innovation Hub,...

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