The UK government has stated that it will promote the exploration of the best application scenarios for distributed ledger technology (DLT) and tokenization solutions in the inter institutional financial market, and test payment methods including stablecoins in the digital securities sandbox. The Ministry of Finance stated in the policy document that it will establish a cross market working group to promote practical implementation, while supporting the introduction of innovative forms such as tokenized deposits and stablecoins in digital payments. （CoinDesk）