Techub News reports that Nomura Holdings and Daiwa Securities Group in Japan are collaborating with the three major banks—Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group—to jointly promote a pilot project for securities trading based on stablecoins. The project aims to achieve 24-hour real-time settlement of assets such as stocks, government bonds, corporate bonds, investment trusts, and ETFs on the blockchain. After investors place orders through brokers, transactions are settled instantly using yen stablecoins jointly issued by the three banks, with asset rights transferred simultaneously to the buyer. The trial is expected to be announced to financial regulators as early as this month and may attract more financial institutions to participate in the future.