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Japan Post Bank (Yūcho Bank), DeCurret DCP, and Shinoken Group announced on the 26th that they have signed a memorandum of understanding to conduct a pilot program using the digital currency DCJPY in real estate settlement operations.
DeCurret DCP has signed a basic agreement for collaboration with Shinoken Group and JAPAN POST BANK for collaboration to utilize JAPAN POST BANK's tokenized deposits.
This proof-of-concept (PoC) will verify the automation and efficiency of payments utilizing tokenized deposits,… pic.twitter.com/MO5noEV5Fg
— Norbert Gehrke (@norbertgehrke) November 26, 2025
The initiative represents the first-ever attempt to introduce tokenized deposits into real estate payment workflows in Japan—a sector long burdened by paper-based procedures and slow settlement times.
Promoting Digital Transformation in Real Estate
The pilot combines Shinoken Group’s real estate expertise with DeCurret DCP’s blockchain infrastructure to test improvements in settlement efficiency, cost reduction, and automation.
Traditional real estate transactions in Japan often involve high-value transfers, multiple intermediaries, and lengthy processing times. By incorporating DCJPY, the companies aim to enable instant settlement for transactions involving security tokens, NFTs, and other digitized assets.
What Makes DCJPY Different: A Tokenized Bank Deposit
Unlike typical stablecoins, DCJPY is a tokenized representation of actual bank deposits, making it a fully regulated digital currency issued by a licensed financial institution.
Key characteristics include:
- 1:1 peg to the Japanese yen
- Operates on a permissioned blockchain
- Issued and managed by Japan Post Bank
- Compliant with existing financial regulations
In an August 2024 review, the Bank of Japan noted that tokenized deposits align well with the current monetary system and highlighted their advantages in tamper resistance and operational resilience.
Full Rollout Targeted for Fiscal Year 2026
Japan Post Bank, one of Japan’s largest financial institutions with approximately USD 1.27 trillion (¥190 trillion) in deposits, is advancing a broad digital transformation strategy. The institution plans to begin full-scale deployment of tokenized deposit services by fiscal year 2026.
DeCurret DCP has already collaborated with partners such as GMO Aozora Net Bank to test blockchain-based settlement for digital bonds and environmental value certificates. The new real estate pilot could significantly accelerate blockchain adoption in Japan’s financial infrastructure.
Looking ahead, the companies may explore interoperability with public blockchains such as Ethereum, as well as synergies with broader digital assets including Bitcoin.
