The United Kingdom government said Tuesday that it intends to allow the wholesale market to identify the best distributed accounting technology. (DLT) Cases of use and tokenization solutions.
The country wants DLT, blockchain technology that supports cryptography, is used in different sectors in wholesale financial markets and creates cross market groups “to carry out the live activity,” said the country’s treasure in a policy document.
A part of the plan includes the creation of a regulatory framework for cryptographic technology, something that is already underway, since the nation intends to be a cryptographic center. The United Kingdom published a bill for stablecoin issuers and exchanges in April.
“For example, in digital wholesale payments, the government and regulators are open to proposals that innovate in existing payment methods, such as tokenized deposits and also new innovations such as stablcoins,” said the treasure.
The government wants to allow the sector to test solutions that tokenize financial assets and help digitize subsequent trade processes.
Around the world, RWA’s token has grown by 380% in just three years and reached $ 24 billion this month, according to a report of the first half of 2025 of Redstone, Gauntlet and Rwa.xyz.
Regulators of the United Kingdom will also evaluate the use of Stablecoins (digital tokens linked to assets, along with other payment solutions in the new digital securities sandbox.
Read more: The FSB chair makes Stablcoins a priority before the G20 meeting
