Cosmos-led Stablecoin Initiative Drives Interoperability in Japan
Magnus Mareneck, co-CEO of Interchain Labs (part of Cosmos), highlights the meaning of interoperable blockchains for stablecoin payments.
A major Japanese bank adopted cosmos and the IBC protocol for its stablecoin project, showcasing the importance of cross-chain compatibility. With over $1.3 billion in stablecoins issued by mid-2025, their utility is evident.
As global adoption grows, businesses grapple with choosing the right blockchain. Mareneck predicts manny will opt for creating their own chains due to growing stablecoin influence on customary industries.
- The SMBC Group leverages stablecoins and Cosmos technology for security token payments.
- This reduces fees and speeds up transactions while minimizing risks through blockchain programming.
“Companies are calling us, worried about crypto’s impact on their business,” Mareneck says. “Thay seek ways to adapt and stay competitive.”
Mareneck envisions a future where big firms have their layer-1 blockchain networks,using custom tokens like Starbucks’ gift card equivalent,all tradable across diverse networks.
Cosmos SDK aids quick custom blockchain development, whereas IBC ensures connectivity among them. Mareneck believes launching an L1 allows firms to fully capitalize on their activities.
Interoperability benefits users by offering more choices and control. Despite past governmental attempts to curb the crypto sector,Mareneck argues述べ、その技術は阻止不可能で、おそらく何らかの形で永続的に存在し続けるだろうと。
