PANews reported on May 7th that, according to the Nikkei, several major Japanese banks and securities firms plan to issue Japanese government bonds as digital securities and manage them on a blockchain by 2026 , enabling 24/7 trading. These institutions will introduce a yen-denominated stablecoin that can circulate on the blockchain for fund settlement, aiming to reduce settlement costs, accelerate delivery, and improve the efficiency of institutional investors' capital utilization. The digital government bond scheme will allow government bonds to circulate outside of traditional market trading hours, and the related infrastructure and institutional design are being jointly promoted by financial institutions.