tradewaltz

The three major banks didn’t start by calling for “issuing tokens.” Instead, they first moved the purchase-and-assignment of export receivables onto stablecoin settlement to test it—Japan’s Financial Services Agency even pointed it out.
1️⃣ Sep 29: TradeWaltz × NTT Data × Mizuho Bank × Mitsubishi UFJ Bank × Sumitomo Mitsui Banking Corporation × Mitsubishi UFJ Trust & Banking, a collaborative trade-settlement proof of concept involving six parties, listed as a supported case under the Financial Services Agency’s “FinTech Proof-of-Concept Experimentation Hub · Payments Modernization Project (PIP).”
2️⃣ The玩法 is straightforward: export companies submit documents such as shipping/commodity descriptions in TradeWaltz → the bank approves the purchase of export receivables → using that approval as the trigger point, the process proceeds to settlement via stablecoins. First, split out just the “export company ↔ bank” leg; don’t pretend to swallow the entire trade chain in one bite.