The Liberal Democratic Party (LDP) has proposed a next-generation financial vision integrating AI and blockchain; three major banks plan to issue stablecoins by March next year.

TechFlow News, May 19: According to CoinPost, on May 19, the “Next-Generation AI & On-Chain Finance Vision Project Team” under the Liberal Democratic Party of Japan’s Headquarters for Advancing the Digital Society released a policy proposal advocating the integration of AI and blockchain technologies to automate and enable 24/7 operation of decision-making, financing, and asset management—and designating finance as the “18th Growth Investment Sector.”

Specific measures proposed include: advancing the tokenization of demand deposits at the Bank of Japan (including wholesale CBDC), with key discussion points to be finalized by year-end; launching a stablecoin jointly issued by Japan’s three major banks, targeting operational deployment by March next year; and promoting the on-chain tokenization of real-world assets (RWAs), such as accounts receivable and real estate.

On the international cooperation front, the proposal calls for establishing an “AI & On-Chain Finance Asia Policy Dialogue Framework,” advancing cross-border settlements using yen-denominated stablecoins, and building a “Global SC Corridor Vision.”