Minna Bank, Japan’s first digital-only bank, is exploring stablecoin applications in a study led by Fireblocks. The focus is on issuing stablecoins on Solana for cross-border transactions and everyday payments, reflecting Japan’s shift towards modern financial services.
Japan’s exploration of stablecoins aligns with global trends, as financial institutions seek efficient and cost-effective banking alternatives. The study may pave the way for the broader use of stablecoins in various financial operations, particularly in corporate banking.
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