Blockchain interoperability startup Datachain completes commerci

Blockchain interoperability startup Datachain has completed a commercial experiment of digital securities and stable currency cross-chain settlement. This experiment uses CosmosIBC and LCP to realize the interconnection of Corda and ConsenSysQuorum networks. ProgmatCoin, a stablecoin platform under Mitsubishi UFJ Financial Group, plans to issue stablecoins on multiple chains and use IBC as a communication protocol. Once licensed, it will comply with Japanese regulatory requirements.