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Minna Bank Partners With Solana, Fireblocks to Pilot Stablecoin Payments in Japan

  • Minna Bank partners with Solana and Fireblocks to pilot stablecoin payments in Japan, aiming to test yen-pegged stablecoins for retail transactions using Solana blockchain technology.
  • Fireblocks provides secure wallet technology, while TIS integrates blockchain into banking applications for the pilot project covering RWA trading, QR payments, and embedded Web3 wallets in mobile banking.
  • The partnership reflects Japan's move towards blockchain adoption and regulatory monitoring as they explore stablecoin use in the tightly regulated market.
  • Minna Bank focuses on digital innovation, attracting younger customers, and aims to enhance retail payments with stablecoins to bridge traditional yen transactions with on-chain services.

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