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Breaking: Japan’s Minna Bank Teams with Fireblocks to Pioneer Solana-Powered Stablecoins

Breaking: Japan’s Minna Bank Teams with Fireblocks to Pioneer Solana-Powered Stablecoins

Author:
decryptCO
Published:
2025-07-04 02:01:02
12
2

Japan's Minna Bank Explores Stablecoins on Solana in Fireblocks-Led Study

Another day, another bank chasing crypto relevance—but this one might actually matter.

Minna Bank, Japan's digital-first challenger, just took a serious swing at the future of money. Teaming with custody titan Fireblocks, they're stress-testing Solana as a potential stablecoin highway. No more pretending slow, expensive rails are 'good enough.'

The play? Leverage Solana's sub-penny transactions to make cross-border payments as frictionless as Venmo—but without the traditional finance middlemen skimming 3% per transfer. (Take notes, SWIFT.)

While regulators still clutch their pearls over private stablecoins, Minna's move signals a quiet revolution: banks now see public blockchains as infrastructure, not just gambling chips. Of course, they'll still charge you $25 'network fees' for the privilege.

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