Japan's Minna no Bank plans to explore stablecoin applications on Solana

Odaily Planet Daily News: Minna no Bank, a digital bank under Fukuoka Group in Japan, announced that it will collaborate with Fireblocks and local IT company TIS to conduct stablecoin related experiments on the Solana blockchain, exploring application scenarios for consumers and enterprises, with a focus on the use of stablecoins in the settlement of real asset (RWA) transactions such as digital bonds and real estate. Previously, the bank conducted stablecoin trials with Tokyo Kiraboshi Financial Group and Shikoku Bank on Japan's local Ethereum compatible chain, Japan Open Chain. The expansion from local chains to public chain Solana demonstrates the interest of Japanese institutions in more globally influential public chains. TIS has also participated in multiple Japanese stablecoin programs, including SMBC (Sumitomo Mitsui Banking Corporation); Fireblocks is also involved, and the related project plans to use the Avalanche chain.