Defi
Nine Firms Led by SMBC Complete Stablecoin Settlement Trial for Tokenized Securities
COINOTAG·October 6, 2026·1 min read
Nine firms led by Sumitomo Mitsui Banking completed Project Trinity phase 2, settling tokenized securities with a trust-type stablecoin via delivery-versus-payment. The trial demonstrates institutional adoption of stablecoins for securities settlement, potentially paving the way for broader use of blockchain-based settlement in traditional finance.
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