Hitachi extends participation in Bank of Japan CBDC pilot through July 2027
- —Hitachi will stay in the BOJ CBDC pilot from August 2026 to July 2027
- —In June 2026 the test system handled 50,000 requests per second: 10,000 transactions and 40,000 balance queries
- —The BOJ has found no fatal obstacles to implementation but has not announced an issuance date
- —The digital yen would coexist with cash, bank deposits and stablecoins such as USDC and RLUSD
Why it matters: Japan's CBDC progress sets a benchmark for other central banks and shapes the role of stablecoins and private payment services.
Source: CoinChoice