On the 29th, the Financial Services Agency announced that it has selected a demonstration experiment for utilizing stablecoins in trade transaction settlements, applied by six companies including trade platform operator TradeWaltz, NTT Data, and Mizuho Bank, as a support project under the 'FinTech Proof-of-Concept Hub and Payment Innovation Project (PIP)'. This support decision marks the fourth project under PIP and the 15th under the entire FinTech Proof-of-Concept Hub.
Since September 2017, the Financial Services Agency has been conducting proof-of-concept...