Project Trinity Launches to Promote Cross-Chain Settlement of Japanese Stablecoins and Security Tokens

According to Cosmos, Project Trinity, a stablecoin-driven delivery versus payment (DvP) settlement project jointly initiated by financial institutions including Sumitomo Mitsui Banking Corporation (SMBC), Progmat, Boostry, and Datachain, has officially launched. TOKI is participating as a technical partner. The project aims to leverage the IBC protocol and LCP technology to enable cross-chain atomic swaps between stablecoins and security tokens, covering blockchain platforms such as Avalanche and Quorum.