Japan's Minna Bank is currently collaborating with Fireblocks, Solana Japan, and TIS to pilot stablecoin and wallet use cases.

BlockBeats News, July 4th, Minna Bank, Japan's first digital-only bank and a subsidiary of 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 effort conducted in collaboration with Fireblocks, Solana Japan, and the Japanese tech company TIS, aimed at assessing the practical application of stablecoins and decentralized wallets in real-world banking operations. The research will explore use cases including cross-border payments, real-world asset transactions, and daily digital payments.

It will also investigate the technical feasibility of issuing stablecoins on the Solana blockchain and assess how Web3 wallets can provide users with a more intuitive financial experience.