According to CoinWorld, Minna no Bank, a digital bank under the 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 trading and settlement of real-world assets (RWA) such as digital bonds and real estate.
Previously, the bank had conducted stablecoin experiments on the Japan Open Chain, an Ethereum-compatible chain in Japan, with Tokyo Kiraboshi Financial Group and Shikoku Bank. This expansion from a local chain to the public chain Solana indicates the interest of Japanese institutions in more globally influential public chains.
TIS is also involved in several Japanese stablecoin initiatives, including those with SMBC (Sumitomo Mitsui Banking Corporation); Fireblocks is also participating, and the related projects plan to use the Avalanche chain.

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