Minna no Bank, a digital banking subsidiary of Fukuoka Financial Group, has entered a strategic partnership with Singapore-based Web3 payments company Slash to develop stablecoin payment infrastructure and expand access to blockchain-based financial services in Japan.
The companies announced the signing of a basic agreement to create new financial solutions for individuals and businesses operating in the Web3 economy. The collaboration aims to combine Minna no Bank’s banking infrastructure with Slash’s stablecoin payment technology to improve how users move funds between traditional and digital financial systems.
According to the announcement, the initiative is intended to push the adoption of stablecoins and make blockchain-based payments more accessible to mainstream users.
みんなの銀行 × Slash、ステーブルコイン決済で提携
・銀行のBaaS基盤をSlash Appに組み込み
・日本円とUSDCのオンランプ/オフランプ構築を目指す
・トークン化預金とSCの交換も視野銀行ライセンス×ブロックチェーン決済。「日本でステーブルコインが使いにくい」を解消する入口になるか。…
— JinaCoin｜仮想通貨ニュース・情報メディア (@jina_coin) June 12, 2026
How will stablecoin payments work inside the Slash App?
The Slash App will allow users to make and receive payments using stablecoins such as USDC. Users will also be able to convert Japanese yen into stablecoins through integrated banking rails supported by Minna no Bank.
This setup is designed to make payments faster and more direct, without needing separate crypto exchanges or complex wallet processes. It also supports use cases such as creator payments, digital commerce, and cross-border transactions within the app.
The system will rely on Banking-as-a-Service infrastructure, which enables licensed banks to provide backend financial services to fintech and Web3 platforms like Slash.
Focus on cross-border payments and creator economy
During a press conference, Minna no Bank CEO Kenichi Nagayoshi highlighted cross-border payments as a key use case for the collaboration.
He noted that overseas creators and businesses often face delays and high costs when transferring funds internationally. By enabling smoother exchange between Japanese yen and USDC, the partnership could simplify creator payments, remittances, and other cross-border financial activities.
The companies believe stablecoin-based settlement could significantly reduce processing times compared with traditional international transfers.
Why is this partnership focused on Japan’s payment system?
Japan has been moving carefully toward regulated stablecoin adoption, with a focus on compliance and banking oversight. This partnership shows that approach by keeping the bank at the centre of the payment flow.
Minna no Bank’s involvement ensures that fiat-to-stablecoin conversion remains within regulated banking systems, while Slash focuses on building user-facing Web3 payment tools.
The collaboration also comes as more companies get into stablecoin use for everyday payments, especially in areas like digital content, online services, and global creator markets. The aim is to reduce friction in payments while maintaining regulatory standards within Japan’s financial system.
Meanwhile, Japan’s digital yen stablecoin JPYC was officially launched on the Unifi platform on May 22, marking another step in the country’s growing stablecoin market.
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