CryptocurrenciesStep will eliminate current repo settlement cycle of 1 day or longerMUFG looks to use tokenized money market funds and a stablecoin to carry out blockchain-based JGB repo trades. (Photo by Jo Miyaguchi)MIYU FUKAWAAugust 13, 2026 01:01 JSTTOKYO -- Japan's leading bank Mitsubishi UFJ Financial Group plans to offer instantaneous settlements of certain Japanese government bond transactions by using blockchain technology, Nikkei has learned.Read NextCryptocurrenciesJapan logistics provider for Amazon to use JPYC stablecoin in operationsFinanceJapan's blockchain-based security tokens to open to foreign investorsEquitiesSBI to enable 24-hour on-chain trading for Japan stock fund with Singapore partnerFinanceJapan plans start of round-the-clock JGB trading on blockchainCryptocurrenciesJCB to test stablecoin payment service for tourists to JapanInterviewMUFG Bank weighs higher interest on digital bank deposits: CEOCryptocurrenciesNow at the checkout line: Japan yen stablecoin gets restaurant on its sideCryptocurrenciesMitsubishi to adopt JPMorgan blockchain service for fund transfersLatest on CryptocurrenciesCryptocurrenciesJapan logistics provider for Amazon to use JPYC stablecoin in operationsCryptocurrenciesJCB to test stablecoin payment service for tourists to JapanCryptocurrenciesJapan's SBI Holdings takes stake in US crypto exchange EDX Markets
Japan's MUFG to launch instant JGB transactions via blockchain
Step will eliminate current repo settlement cycle of 1 day or longer
MUFG will deliver instant JGB settlement on blockchain using stablecoin and tokenized funds, eliminating the 1+ day cycle. Signals blockchain maturation in core financial infrastructure; directly impacts treasury tech stack decisions, settlement risk, and operational efficiency for institutions.






