PANews reported on August 22nd that Cosmos has officially launched Project Trinity, a stablecoin-driven delivery versus payment (DvP) settlement project jointly initiated by financial institutions including Sumitomo Mitsui Banking Corporation (SMBC), Progmat, Boostry, and Datachain. TOKI is participating as a technical partner. The project aims to leverage the IBC protocol and LCP technology to enable cross-chain atomic swaps between stablecoins and security tokens, covering blockchain platforms such as Avalanche and Quorum. Japan's stablecoin market is rapidly developing following an update to the Payment Services Act, allowing for the compliant issuance of stablecoins and promoting more efficient and secure financial transaction settlement. The security token market is also expanding, with issuance exceeding 193.8 billion yen (approximately $1.3 billion) by the end of July 2025. Project Trinity aims to ultimately achieve near 24/7 real-time settlement, reducing counterparty and synchronization risks and contributing to the upgrading of Japan's secondary market infrastructure. Furthermore, TOKI will provide cross-chain messaging and middleware support at the technical level to ensure a secure and efficient settlement system. Earlier news reported that Japan's SBI Holdings plans to complete the acquisition of a majority stake in CoinPost on October 1 .PANews reported on August 22nd that Cosmos has officially launched Project Trinity, a stablecoin-driven delivery versus payment (DvP) settlement project jointly initiated by financial institutions including Sumitomo Mitsui Banking Corporation (SMBC), Progmat, Boostry, and Datachain. TOKI is participating as a technical partner. The project aims to leverage the IBC protocol and LCP technology to enable cross-chain atomic swaps between stablecoins and security tokens, covering blockchain platforms such as Avalanche and Quorum. Japan's stablecoin market is rapidly developing following an update to the Payment Services Act, allowing for the compliant issuance of stablecoins and promoting more efficient and secure financial transaction settlement. The security token market is also expanding, with issuance exceeding 193.8 billion yen (approximately $1.3 billion) by the end of July 2025. Project Trinity aims to ultimately achieve near 24/7 real-time settlement, reducing counterparty and synchronization risks and contributing to the upgrading of Japan's secondary market infrastructure. Furthermore, TOKI will provide cross-chain messaging and middleware support at the technical level to ensure a secure and efficient settlement system. Earlier news reported that Japan's SBI Holdings plans to complete the acquisition of a majority stake in CoinPost on October 1 .
Project Trinity Launches to Promote Cross-Chain Settlement of Japanese Stablecoins and Security Tokens
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
PANews reported on August 22nd that Cosmos has officially launched Project Trinity, a stablecoin-driven delivery versus payment (DvP) settlement project jointly initiated by financial institutions including Sumitomo Mitsui Banking Corporation (SMBC), Progmat, Boostry, and Datachain. TOKI is participating as a technical partner. The project aims to leverage the IBC protocol and LCP technology to enable cross-chain atomic swaps between stablecoins and security tokens, covering blockchain platforms such as Avalanche and Quorum.
Japan's stablecoin market is rapidly developing following an update to the Payment Services Act, allowing for the compliant issuance of stablecoins and promoting more efficient and secure financial transaction settlement. The security token market is also expanding, with issuance exceeding 193.8 billion yen (approximately $1.3 billion) by the end of July 2025. Project Trinity aims to ultimately achieve near 24/7 real-time settlement, reducing counterparty and synchronization risks and contributing to the upgrading of Japan's secondary market infrastructure. Furthermore, TOKI will provide cross-chain messaging and middleware support at the technical level to ensure a secure and efficient settlement system.
Earlier news reported that Japan's SBI Holdings plans to complete the acquisition of a majority stake in CoinPost on October 1 .
Market Opportunity
NEAR Price(NEAR)
$1.2423
$1.2423$1.2423
USD
NEAR (NEAR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
A Netflix ‘KPop Demon Hunters’ Short Film Has Been Rated For Release
The post A Netflix ‘KPop Demon Hunters’ Short Film Has Been Rated For Release appeared on BitcoinEthereumNews.com. KPop Demon Hunters Netflix Everyone has wondered what may be the next step for KPop Demon Hunters as an IP, given its record-breaking success on Netflix. Now, the answer may be something exactly no one predicted. According to a new filing with the MPA, something called Debut: A KPop Demon Hunters Story has been rated PG by the ratings body. It’s listed alongside some other films, and this is obviously something that has not been publicly announced. A short film could be well, very short, a few minutes, and likely no more than ten. Even that might be pushing it. Using say, Pixar shorts as a reference, most are between 4 and 8 minutes. The original movie is an hour and 36 minutes. The “Debut” in the title indicates some sort of flashback, perhaps to when HUNTR/X first arrived on the scene before they blew up. Previously, director Maggie Kang has commented about how there were more backstory components that were supposed to be in the film that were cut, but hinted those could be explored in a sequel. But perhaps some may be put into a short here. I very much doubt those scenes were fully produced and simply cut, but perhaps they were finished up for this short film here. When would Debut: KPop Demon Hunters theoretically arrive? I’m not sure the other films on the list are much help. Dead of Winter is out in less than two weeks. Mother Mary does not have a release date. Ne Zha 2 came out earlier this year. I’ve only seen news stories saying The Perfect Gamble was supposed to come out in Q1 2025, but I’ve seen no evidence that it actually has. KPop Demon Hunters Netflix It could be sooner rather than later as Netflix looks to capitalize…
Share
BitcoinEthereumNews2025/09/18 02:23
Hoskinson to Attend Senate Roundtable on Crypto Regulation
The post Hoskinson to Attend Senate Roundtable on Crypto Regulation appeared on BitcoinEthereumNews.com. Hoskinson confirmed for Senate roundtable on U.S. crypto regulation and market structure. Key topics include SEC vs CFTC oversight split, DeFi regulation, and securities rules. Critics call the roundtable slow, citing Trump’s 2025 executive order as faster. Cardano founder Charles Hoskinson has confirmed that he will attend the Senate Banking Committee roundtable on crypto market structure legislation. Hoskinson left a hint about his attendance on X while highlighting Journalist Eleanor Terrett’s latest post about the event. Crypto insiders will meet with government officials Terrett shared information gathered from some invitees to the event, noting that a group of leaders from several major cryptocurrency establishments would attend the event. According to Terrett, the group will meet with the Senate Banking Committee leadership in a roundtable to continue talks on market structure regulation. Meanwhile, Terrett noted that the meeting will be held on Thursday, September 18, following an industry review of the committee’s latest approach to distinguishing securities from commodities, DeFi treatment, and other key issues, which has lasted over one week. Related: Senate Draft Bill Gains Experts’ Praise for Strongest Developer Protections in Crypto Law Notably, the upcoming roundtable between US legislators and crypto industry leaders is a continuation of the process of regularising cryptocurrency regulation in the United States. It is part of the Donald Trump administration’s efforts to provide clarity in the US cryptocurrency ecosystem, which many crypto supporters consider a necessity for the digital asset industry. Despite the ongoing process, some crypto users are unsatisfied with how the US government is handling the issue, particularly the level of bureaucracy involved in creating a lasting cryptocurrency regulatory framework. One such user criticized the process, describing it as a “masterclass in bureaucratic foot-dragging.” According to the critic, America is losing ground to nations already leading in blockchain innovation. He cited…
Share
BitcoinEthereumNews2025/09/18 06:37
Trump-voting mom accuses DHS of lying after son killed by ICE agent
A Texas mother and self-described Trump supporter is demanding answers following her son's deadly encounter with immigration agents on South Padre Island nearly
Share
Rawstory2026/03/07 09:34