TokyoJapanese bond trades that take up to 3 days to settle could soon clear in seconds.
Faster settlement frees the same government bonds to back more overnight bank borrowing.
MUFG will pilot the Canton network for repo trades, following JPMorgan’s Kinexys, live since 2020.
MUFG is also weighing a joint stablecoin listing with two rival banks by March 2027.
Sources: CoinDesk