According to DCP, GMO Aozora Net Bank, and ABeam Consulting, the 'Tokenized Deposit Interbank Settlement' project supported by Japan's Financial Services Agency 'FinTech Proof-of-Concept Hub' has attracted participation from 43 institutions and officially launched full-scale verification on August 20. The project aims to explore how tokenized deposits (TD) between multiple banks can achieve on-chain interbank settlement, with the goal of enabling both on-chain transfers between users and interbank settlements, while reducing settlement risks and costs through a 24/7 RTGS model. The current focus is on testing two approaches: having a commercial bank act as the settlement bank, and using stablecoins for TD interbank settlement. Additionally, the project will evaluate methods for connecting with existing payment systems. https://(wublock123.com)/news/news-67270