Novel Web3 platform Millicentdlt receives UK government funding for stablecoin R&D Millicent CBDC
This grant comes with the status of winner of the U.K. Research and Innovation Innovate UK SMART Award. As such, the U.K. government highly appreciates the progress accomplished by Millicent in terms of stablecoin and central bank digital currencies development.
Millicent is a game-changing project that could change the way we bank and spend; [its] impact could be very significant to the UK, financially, socially and technically, as it can lead the way for a UK system backed by the Bank of England. Millicent CEO Stella Dyer, Harvard Business School alumna and Wall Street heavyweight, stresses the crucial importance of what Millicent is developing for both crypto holders and unbanked citizens across the globe:
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