Overview
- The memorandum defines roles with SBI Shinsei issuing deposits, DeCurret connecting its DCJPY platform, and Partior integrating yen into its network.
- Partior’s infrastructure already supports U.S. dollars, euros, and Singapore dollars for banks including JPMorgan, DBS, and Deutsche Bank.
- The collaborators aim to enable near-instant settlement using blockchain-based rails rather than traditional correspondent banking chains.
- DeCurret positions the move as expanding yen-based tokenized deposits into a broader multi-currency framework.
- The initiative echoes sector pilots such as the BIS’s Project Agora and Singapore’s Project Guardian that explore programmable, bank-issued money.