[Japan Stablecoin and Security Token Cross-Chain Settlement Project 'Project Trinity' Officially Launched] The 'Project Trinity' initiative, jointly launched by financial institutions such as Sumitomo Mitsui Banking Corporation (SMBC), Progmat, Boostry, and Datachain, has officially commenced. The project aims to promote cross-chain atomic swaps between Japanese stablecoins and security tokens. Utilizing the IBC protocol and LCP technology, it spans blockchain platforms like Avalanche and Quorum. Technical partner TOKI will provide cross-chain messaging and middleware support to ensure the system's security and efficiency. With the update to the Payment Services Act, Japan's stablecoin market is rapidly developing, making the compliant issuance of stablecoins possible. Meanwhile, the security token market is also expanding, with issuance exceeding 193.8 billion yen (approximately $1.3 billion) as of the end of July 2025. Project Trinity plans to achieve near 24/7 real-time settlement, reduce counterparty and synchronization risks, and support the upgrade of Japan's secondary market infrastructure.