Cosmos launches the Trinity project to achieve cross-chain atomic swaps between stablecoins and security tokens.

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[Coin World] Cosmos has officially launched the Trinity project, which is a delivery and payment (DvP) settlement project initiated by financial institutions including Sumitomo Mitsui Banking Corporation (SMBC), Progmat, Boostry, and Datachain, driven by stablecoins. The project aims to utilize the IBC protocol and LCP technology to achieve cross-chain atomic swaps between stablecoins and security tokens, covering blockchain platforms such as Avalanche and Quorum.

After the update of the Payment Services Act in Japan, the stablecoin market in Japan is rapidly developing. The bill allows for the compliant issuance of stablecoins and facilitates more efficient and secure financial transaction settlements. The security token market is also expanding, with issuance exceeding 193.8 billion yen (approximately 1.3 billion USD) by the end of July 2025.

The Trinity project aims to ultimately achieve near 24/7 real-time Settlement, reduce counterparty and synchronization risks, and contribute to the upgrade of Japan's secondary market infrastructure.

Earlier reports indicated that Japan's SBI Holdings plans to complete the acquisition of a majority stake in CoinPost on October 1.

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SchrodingerWalletvip
· 08-25 12:36
Japan has finally come to its senses!
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SolidityNewbievip
· 08-23 11:11
Just炒concepts again~
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BTCBeliefStationvip
· 08-23 03:52
Goodness, Japan has also started playing with Blockchain.
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StablecoinEnjoyervip
· 08-22 13:47
It looks fun to play.
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NervousFingersvip
· 08-22 13:42
Reliable means being thorough.
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WenAirdropvip
· 08-22 13:38
We still have to wait for the wallet to be supported.
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MEVHuntervip
· 08-22 13:27
lmao jap banks gonna get rekt by arb bots
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AirdropHunter007vip
· 08-22 13:24
Who still engages in Cryptocurrency Trading these days? Playing with stablecoins?
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