Nuvanté Technologies Announces Stablecoin Clearing Prototype Built on Stellar Network integrated to Bank of England RTGS
Publishing date
Nuvanté Technologies Ltd, a digital money clearing infrastructure company, has announced that in August 2026 it developed a prototype for stablecoin clearing tested in the Bank of England Synchronisation Lab, built on the Stellar network.
The prototype validates how fiat-backed stablecoins and other forms of digital money could be issued, redeemed and exchanged through a neutral clearing layer, with settlement flows tested against the Bank of England’s RTGS RT2 Synchronisation Lab environment.
Nuvanté’s participation in the Lab focused on multi-money issuance and redemption, including stablecoin-to-stablecoin and stablecoin-to-fiat flows. The project used the Stellar network to support the movement and orchestration of digital money.
“Stablecoins are becoming core payment infrastructure, but the market still lacks neutral clearing rails that allow issuers, banks and payment firms to exchange digital money safely and efficiently,” said Michael Chapman, Founder and CEO of Nuvanté. “Through our work in the Bank of England Synchronisation Lab, we demonstrated how regulated stablecoin clearing, interoperability and synchronised settlement could operate in a central-bank settlement environment.”
Denelle Dixon, CEO & Executive Director at the Stellar Development Foundation, added: “As stablecoins continue to scale the market needs safe, trusted and interoperable settlement infrastructure. The Stellar network was built for regulated finance and Nuvanté’s work in the Bank of England Synchronisation Lab is the kind of real-world financial use case the network was designed to support."
The announcement comes as the Bank of England continues to progress its RTGS roadmap, including the development of synchronisation capabilities designed to extend atomic settlement in central bank money to a wider set of asset markets and transaction types.
Nuvanté is also a member of the DTCC Tokenization Industry Working Group, reflecting its focus on interoperable market infrastructure for stablecoins, tokenised assets and digital payments. This follows DTCC and the Stellar Development Foundation’s recent announcement of plans to enable the tokenisation of DTC-custodied assets on the Stellar network as part of DTCC’s multi-chain strategy.