Polygon Labs has moved into Phase 2 of the Bank of England's Digital Pound Lab, working with NOBO Finance and Dun & Bradstreet on near-instant cross-border settlements and portable credit identities using Polygon's Open Money Stack. The step deepens Polygon's role in the central bank's sandbox for a potential UK CBDC, where firms test payment and settlement use cases before any issuance decision. It adds concrete applications to Polygon's earlier inclusion in the lab and underscores how the Bank is examining whether regulated digital money can operate with open-network infrastructure rather than only private or permissioned systems.