MUFG Plans Blockchain Test for Japanese Government Bond Settlement on Canton Network
Aug 13 2026 12:48 UTC - Coingapestaff
MUFG tests blockchain settlement for Japanese government bond repos on Canton Network, targeting faster transactions and a possible 2027 rollout.
➤ MUFG is piloting a blockchain-based settlement system for Japanese government bond (JGB) repo transactions on the Canton Network.
➤ The initiative aims to replace the current T+1 settlement with real-time atomic delivery versus payment (DvP), potentially reducing the need for additional funds and enabling a 2027 rollout.
➤ The test will explore using tokenized deposits and stablecoins for payments, while JGBs themselves will remain in the existing book-entry system.
Read more at: https://rwatimes.io/articles/coingape-mufg-plans-blockchain-test-for-japanese-government-bond-settlement-on-canton-network-3776260678?utm_source=binance
Aug 13 2026 12:48 UTC - Coingapestaff
MUFG tests blockchain settlement for Japanese government bond repos on Canton Network, targeting faster transactions and a possible 2027 rollout.
➤ MUFG is piloting a blockchain-based settlement system for Japanese government bond (JGB) repo transactions on the Canton Network.
➤ The initiative aims to replace the current T+1 settlement with real-time atomic delivery versus payment (DvP), potentially reducing the need for additional funds and enabling a 2027 rollout.
➤ The test will explore using tokenized deposits and stablecoins for payments, while JGBs themselves will remain in the existing book-entry system.
Read more at: https://rwatimes.io/articles/coingape-mufg-plans-blockchain-test-for-japanese-government-bond-settlement-on-canton-network-3776260678?utm_source=binance