---
title: "UK, Singapore, and Thailand central banks test cross-border FX settlement as stablecoins gain ground"
url: https://thecoingazette.com/uk-singapore-and-thailand-central-banks-test-cross-border-fx-settlement-as-stablecoins-gain-ground/
date: 2026-11-14
modified: 2026-11-14
lang: en
author: "Coin Gazette Editorial"
description: "Project Meridian FX APAC said it demonstrated how transactions can be coordinated across conventional settlement systems and those built using blockchain technology."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
image: https://i0.wp.com/thecoingazette.com/wp-content/uploads/2026/05/logo-with-slogan-1.webp?w=1400&fit=1400,960&ssl=1
word_count: 22
---

# UK, Singapore, and Thailand central banks test cross-border FX settlement as stablecoins gain ground

Project Meridian FX APAC said it demonstrated how transactions can be coordinated across conventional settlement systems and those built using blockchain technology.