Japan's Minna Bank Explores Stablecoins on Solana in Fireblocks-Led Study

Description

Minna Bank, Japan’s first digital-only bank, is partnering with Fireblocks, Solana Japan, and TIS to assess stablecoin issuance on Solana and the use of decentralized wallets for payments, cross-border finance and asset trading, amid growing interest in stablecoins globally.

Authors

Callan Quinn

Publish date

July 4, 2025

Publisher

Decrypt

Web URL

https://decrypt.co/328372/japans-minna-bank-stablecoins-solana-fireblocks-study

Referenced by

Minna Bank partners with Fireblocks and Solana on stablecoin and wallet study

Crypto news

News story

With stablecoins collectively topping $250 billion, financial institutions are ramping up efforts to implement them for purposes ranging from international settlements to tokenized deposits.

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Japan has a lot of trade, and trade is made more effective by the easy and efficient movement of money.

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