Japan's Three Major Banks Plan to Issue Stablecoin by March 2027, Following LDP's AI-Blockchain Framework

According to CoinPost, Japan’s Liberal Democratic Party’s “Next-Generation AI and On-Chain Finance Initiative” was unveiled recently, proposing to combine AI and blockchain to enable automated decision-making, financing, and asset management. The framework identifies fintech as the 18th growth investment sector.

Key measures include a joint stablecoin launch by Japan’s three major banks, targeted to commence operations by March 2027, digitization of Bank of Japan deposits including wholesale Central Bank Digital Currency (CBDC) to be completed this year, and on-chain tokenization of real-world assets such as receivables and real estate. Internationally, the initiative proposes establishing an “AI and On-Chain Finance Asia Policy Dialogue Framework” and advancing yen-denominated stablecoin cross-border settlements.