{"id":35186,"date":"2025-07-04T10:17:40","date_gmt":"2025-07-04T10:17:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35186"},"modified":"2025-07-04T10:17:40","modified_gmt":"2025-07-04T10:17:40","slug":"solana-and-fireblocks-selected-by-japans-minna-bank-for-stablecoin-use-case-study","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35186","title":{"rendered":"Solana and Fireblocks Selected by Japan\u2019s Minna Bank for Stablecoin Use Case Study"},"content":{"rendered":"<div>\n<p>Solana (SOL) declined 3.36% over the past 24 hours, retreating from $155.69 to $150.81, according to CoinDesk Research&#8217;s technical analysis model, amid broader market pressures, even as institutional developments in Asia signal growing momentum for the blockchain, <\/p>\n<p>One of Japan\u2019s most digitally progressive banks has launched a new initiative that could expand real-world applications for Solana\u2019s infrastructure.<\/p>\n<p>Minna Bank, a digital-native bank and a subsidiary of Fukuoka Financial Group, announced <a href=\"https:\/\/www.fireblocks.com\/blog\/minna-bank-taps-fireblocks-to-explore-stablecoins-and-web3-wallets-for-everyday-payments-in-japan\">a new research collaboration<\/a> with Fireblocks, Solana, and TIS to evaluate how stablecoins and Web3 wallets can reshape consumer finance in Japan. The joint study will focus on use cases like payments, on-chain banking infrastructure, and user experiences tailored for the country\u2019s mobile-first population.<\/p>\n<p>The partnership comes as stablecoins surpass $250 billion in market capitalization, drawing increased interest from banks looking to modernize cross-border payments, deposits, and settlement processes. Fireblocks\u2019 CEO, Michael Shaulov, emphasized that the project could unlock new efficiencies in how value is transferred across the digital economy.<\/p>\n<p>Minna Bank\u2019s customer base is primarily between the ages of 15 and 39 \u2014underserved by traditional banks \u2014 making it a prime candidate for testing stablecoin-based solutions. The bank\u2019s approach, which integrates financial services with daily spending patterns, reflects its broader Banking-as-a-Service strategy.<\/p>\n<p>Although Solana\u2019s price continues to trade below its recent highs, initiatives like this highlight its appeal as a platform for enterprise and fintech innovation. With the REX-Osprey Solana + Staking ETF recently launching and DeFi Development Corp. expanding its SOL holdings, institutional confidence in the ecosystem appears undeterred by short-term volatility.<\/p>\n<p>Technical Analysis Highlights:<\/p>\n<ul>\n<li>SOL dropped 3.36% from $155.69 to $150.46 over the 24-hour period from July 3 at 10:00 to July 4 at 09:00.P<\/li>\n<li>rice action ranged between $155.79 and $149.13, indicating 4.28% intraday volatility.<\/li>\n<li>Resistance emerged at $153.77 during the July 4 05:00 hour on elevated volume.<\/li>\n<li>Support held firm at $149.13 during the 08:00 hour, with strong buying activity.<\/li>\n<li>A recovery phase began in the final 60 minutes, pushing SOL from $149.97 to $150.57, a 0.40% gain.<\/li>\n<li>Price formed a mini-uptrend with higher lows after breaking $150.20 resistance at 09:03.<\/li>\n<li>Volume surged at 08:50 (24,245 units) and 09:15 (22,894 units), confirming upward momentum.<\/li>\n<li>SOL stabilized above $150.63 with low resistance in the immediate path.<\/li>\n<\/ul>\n<p><strong><em>Disclaimer:<\/em><\/strong>\u00a0<em>Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana (SOL) declined 3.36% over the past 24 hours, retreating from $155.69 to $150.81, according to CoinDesk Research&#8217;s technical analysis model, amid broader market pressures, even as institutional developments in Asia signal growing momentum for the blockchain, One of Japan\u2019s most digitally progressive banks has launched a new initiative that could expand real-world applications for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35186","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35186"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35186\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}