Japanese Bank Teams Up with Solana and Fireblocks to Test Blockchain Finance
Under a new alliance aimed at rethinking consumer banking, Minna Bank is teaming up with Solana, Fireblocks, and TIS to explore how blockchain technology—particularly stablecoins—could fit into Japan’s mobile-first financial ecosystem.
Rather than simply evaluating stablecoins as a buzzword, the partnership intends to deeply examine how digital wallets, decentralized payment channels, and on-chain infrastructure can offer practical benefits to everyday users.
The research comes at a time when global stablecoin markets have ballooned past $250 billion, pressuring traditional financial institutions to rethink outdated systems.
Fireblocks CEO Michael Shaulov sees the project as a stepping stone toward faster, more transparent digital value transfers.
Minna Bank, which operates entirely online and serves a largely young, tech-savvy clientele aged 15 to 39, offers the perfect testing ground for these innovations.
With financial modernization accelerating globally, Japan’s banking sector is beginning to explore not just regulatory paths for stablecoins—but also how to leverage them to create seamless experiences for users who have grown up with smartphones instead of passbooks.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
