Project Trinity launches to promote cross-chain settlement of Japanese stablecoins and security tokens

Cosmos has officially launched Project Trinity to facilitate delivery versus payment (DvP) settlements, collaborating with key financial institutions like Sumitomo Mitsui Banking Corporation, Progmat, Boostry, and Datachain.

This initiative leverages the IBC protocol for atomic swaps between stablecoins and security tokens, aimed at enhancing efficiency in the rapidly evolving Japanese stablecoin market.

As the security token market expands, with issuances exceeding 193.8 billion yen ($1.3 billion) by July 2025, Project Trinity targets near 24/7 real-time settlements to optimize Japan’s financial infrastructure.

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