Japan
CoinPost
Shoko Chukin Bank to Issue Tokenized Deposit "DCJPY," Exploring Simultaneous Settlement with Electronic Bills of Lading
- Nikkei reports Shoko Chukin plans to begin a pilot before the end of 2026; DCP estimates the scheme could cut bill-of-lading issuance and acquisition procedures by up to 5 business days.
- The DvP mechanism links STANDAGE's CargoX eB/L platform (approved by the International Group of P&I Clubs) with DCP's DCJPY tokenized deposit platform via smart contracts, envisioning foreign exporters registering trade documents while domestic importers pay in DCJPY; future interoperability with the Partior international settlement network is also being considered.
- Shoko Chukin invested 210 million yen in STANDAGE in February 2026 under a capital and business alliance; separately, DCP and Infcurion signed a basic agreement on DCJPY-based settlement infrastructure, and Japan Post Bank plans to issue DCJPY for depositors starting fiscal 2026.