Bank Negara Malaysia and the Bank of Thailand joined the Monetary Authority of Singapore's BLOOM cross-border payments initiative as policy institution members on October 23, 2026.

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

Laws and rules for fiat-pegged tokens, from the US GENIUS Act to Europe's MiCA, covering reserves, licensing and yield restrictions.