The Trinity Dispute Resolution Plan (DvP) for Security Tokens Based on Stablecoins Launched to Facilitate Cross-Chain Settlement between Japanese Stablecoin and Security Token.

By: theblockbeats.news|2025/08/22 13:42:15
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BlockBeats News, August 22nd. According to an official announcement from Cosmos, Project Trinity, a stablecoin-driven DvP (Delivery versus Payment) settlement project initiated by financial institutions including Sumitomo Mitsui Banking Corporation (SMBC), Progmat, Boostry, and Datachain, has officially launched. TOKI is participating in this project as a technical partner. The project aims to leverage the IBC protocol and LCP technology to achieve cross-chain atomic swaps between stablecoins and security tokens, spanning blockchain platforms such as Avalanche and Quorum.

Currently, the Japanese stablecoin market has been rapidly growing following updates to the "Payment Services Act," allowing compliant issuance of stablecoins to promote more efficient and secure financial transaction settlements. The security token market continues to expand, with the issuance exceeding 193.8 billion yen (approximately 1.3 billion USD) as of the end of July 2025. Project Trinity plans to eventually achieve nearly 24/7 real-time settlements, reducing counterparty and settlement risks, thereby supporting the upgrade of Japan's secondary market infrastructure. Additionally, TOKI will provide cross-chain messaging and middleware support at the technical level to ensure the security and efficiency of the settlement system.

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