Highlights:
- Minna Bank studies the use of stablecoins for everyday transactions and asset trading.
- Solana blockchain is part of the stablecoin issuance trials.
- Japan’s banks are shifting toward a digital-native financial infrastructure.
Minna Bank, a fully digital-native bank in Japan, is pushing for innovative development of digital finance. The bank has collaborated with Fireblocks, Solana Japan, and tech company TIS to explore the use of stablecoins and Web3 wallets. This study will focus on the use of digital assets in improving real-world banking and payments.
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The focus of the project, according to the statement, is the issuance of stablecoins through the Solana blockchain. It will test its purpose in cross-border exchanges, asset trading, and daily financial applications. This move aligns with the increased interest of Japan in the use of blockchain solutions in its banking industry.
Japan’s first digital bank is taking the next step in real-world crypto adoption.
Minna Bank (“Minna no Ginko”) is launching a joint study with Fireblocks, @SolanaJapan, and TIS Inc to explore stablecoins and Web3 wallets for everyday payments. pic.twitter.com/codSZ58Wrd
— Fireblocks (@FireblocksHQ) July 4, 2025
Stablecoins Take Center Stage in Minna Bank’s Trial
The partnership is aimed at stablecoins as one of the significant advances in modernizing finance. These digital currencies have surpassed a global market value of $250 billion. Moreover, they provide faster and more affordable channels to traditional financial lines.
The study conducted by Minna Bank will test the integration of stablecoins within various real-life applications. These involve payments, trading real-world assets, and facilitating a smooth wallet-based experience. The project will also discuss the ease of Web3 wallets in simplifying financial activities for users. Furthermore, the banking sector in Japan is moving to technological solutions. Minna Bank, backed by Fukuoka Financial Group, seeks to cater to Japan’s younger generation. More than 70% of its customers fall within this age category of 15-39, who are more adaptive to digital platforms.
Bridging Cross-Border Payments With Blockchain
The research is in response to the growing role of efficient financial flows, particularly in trade and business in Japan. Stablecoins are perceived to be the solution to smooth the process that was once delayed by legacy systems. They provide almost instant settlement, essential in cross-border commerce. Stablecoins are also being examined by other major Japanese banks. Sumitomo Mitsui Financial Group is planning its own pilot featuring Avalanche, Fireblocks, and TIS. This shows an increasing amount of competition between banks to get scalable stablecoin solutions by 2026.
Meanwhile, there is a lot of energy behind stablecoins globally. Regulated digital asset solutions have already been introduced by the banks in South Korea. Stablecoins are dominating crypto transactions throughout Europe, with this being mostly in the travel industry and retail. Hong Kong, through its regulatory changes, is also witnessing the same developments.
Web3 Wallets and Next-Gen Finance for Japan
Minna Bank also plans to improve Web3 wallets, making them more feasible and user-friendly as a part of the trial. These wallets could eventually replace traditional banking applications for digital-first consumers, where finance is easily integrated with their everyday digital existence.
The results of the study may back the Minna Bank Banking-as-a-Service (BaaS) approach. This solution would enable companies to integrate banking services within the consumer platform. Furthermore, it could help advance more day-to-day consumer spending of stablecoins. Minna Bank’s fully cloud-based system gives it an edge in testing such digital frameworks. In addition, its focus on 24/7 service and ease of use makes it a strong candidate for these innovations.
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