Minna Bank in Japan is trialing stablecoin and wallet use cases with Fireblocks, Solana Japan, and TIS.

On July 4, Minna Bank, Japan's first pure digital bank and a subsidiary of the Fukuoka Financial Group, announced on Thursday that it is exploring the use of stablecoins and digital wallets to support the country's daily financial services and payments. This initiative is part of a joint research project conducted in collaboration with Fireblocks, Solana Japan, and the Japanese tech company TIS, aimed at assessing the practical applications of stablecoins and decentralized wallets in real-world banking operations. The research will examine use cases including cross-border payments, real-world asset transactions, and everyday digital payments. It will also investigate the technical feasibility of issuing stablecoins on the Solana blockchain and evaluate how Web3 wallets can provide users with a more intuitive financial experience.