According to Japan’s Financial Services Agency, a tokenized deposits and stablecoin pilot involving DeCurret DCP, GMO Aozora Net Bank, and ABeam Consulting was selected as the third supported case under its Payment Innovation Project.
Japan’s Financial Services Agency announced on April 3 that a tokenized deposits and stablecoin pilot was selected for support under its Payment Innovation Project. The official announcement identifies DeCurret DCP, GMO Aozora Net Bank, and ABeam Consulting as participants in the initiative. The selection was described as the third supported case under the program, expanding on the earlier description of the project as a proof-of-concept aimed at improving settlement processes connected to remittances.