DCP
DeCurret DCP, GMO Aozora Net Bank and ABeam Consulting said they would test how banks settle with each other when customers of different banks send tokenised deposits, through interbank deposit accounts or a stablecoin.
- Status
- Live
- Announced
- (announcement)
- Original title
- 「FinTech実証実験ハブ・決済高度化プロジェクト（PIP）」支援決定案件について
- Stage
- Test
- Chain or network
- DCJPY network
- Participants
- GMO Aozora Net Bank, ABeam Consulting
- Next review
Scorecard
As of the review on . How pilots are scored
| Ledger | Private EVM network |
|---|---|
| Settlement | Tokenised deposits |
| Access | Whitelisted institutions or investors |
| Legal standing | Sandbox or exemption |
| Scale | Simulated |
What they said they would do
- OpenTest, from April 2026, the practical use and feasibility of interbank settlement for tokenised deposit transfers between customers of different banks, using deposit accounts banks open with each other or a stablecoin; the FSA to publish the findings after the test.
Review history
Live Test
Full testing began on 20 August 2026 with 43 participating companies, which the FSA describes as 43 regional and other banks. No results or real-value transfers have been published.
What was announced
On 3 April 2026 the Financial Services Agency (FSA) took on, as the third case in its Payment Innovation Project and the 14th in its FinTech Proof-of-Concept Hub, a test by DeCurret DCP, GMO Aozora Net Bank and ABeam Consulting. When customers of different banks send each other tokenised deposits, the banks must settle between themselves. The test checks two ways to do that: deposit accounts the banks open with each other, and a stablecoin. It runs from April 2026 for the time being, and the FSA said it would publish the compliance and legal points found. DeCurret DCP is the lead applicant, GMO Aozora Net Bank the representative bank and ABeam the secretariat.
How it works
The test uses the DCJPY network, on which GMO Aozora Net Bank already issues tokenised deposits. DCP says the aim is that transfers between users on chain should also settle between banks on chain. The FSA’s 30 September 2026 briefing paper describes the methods tested as accounts banks hold with each other and linking tokenised deposit transfers to stablecoin transfers between banks. A Digital Currency Forum report gives Hyperledger Besu as the network’s planned ledger, so ledger is private-evm. Participating banks give views on the hypotheses tested, so access is whitelisted, and the test runs with FSA support, so legal is sandbox.
Record so far
On 26 August 2026 DCP, GMO Aozora Net Bank and ABeam said 43 companies had joined and that participants met on 20 August to begin full testing. The named participants include Shoko Chukin Bank, Resona Holdings, Tokyo Kiraboshi Financial Group, Fukuoka Financial Group, Hachijuni Nagano Bank and others; some take part as observers. The FSA counts the participants as 43 regional and other banks. No results have been published.
What to watch
The FSA’s published findings, a first interbank settlement with real value, and whether any participant bank begins issuing DCJPY.