SMBC Partners with Fireblocks, Ava Labs & TIS for Stablecoin Pilot in Japan
SMBC Partners with Fireblocks, Ava Labs & TIS for Stablecoin Pilot in Japan
🏦 Japan's Stablecoin Plot Twist

SMBC, Japan's second-largest bank with 230T+ in assets, is launching a significant stablecoin pilot on Avalanche in partnership with Fireblocks, Ava Labs, and TIS.
Key components of the pilot:
- Cross-bank wholesale transfers domestically and internationally
- Settlement system for tokenized bonds and real estate
- Compliant stablecoin framework utilizing Avalanche's technology
This initiative follows Japan's 2023 Payment Services Act revision, which officially recognized stablecoins as electronic payment instruments. The pilot could establish a blueprint for stablecoin adoption across Asia.
Could a single stablecoin pilot reshape Japan’s financial rails? SMBC is teaming up with @FireblocksHQ, @AvaLabs, and TIS to test yen‑backed wholesale payments and RWA settlement on Avalanche. Here’s what’s inside👇
Avalanche Stablecoin Growth Accelerates

**Stablecoin activity on Avalanche is surging.** The network saw a **40% increase** in stablecoins over just the past month, according to DefiLlama data. This continues a strong growth trend for the platform: - Stablecoins on Avalanche have grown nearly **70% since March 2024** - Total value rose from $1.5B to over $2.5B during this period - The recent monthly spike suggests accelerating adoption **Why this matters:** Stablecoin growth often indicates increased DeFi activity and user adoption on a blockchain network. The consistent upward trajectory positions Avalanche as a competitive platform for decentralized finance applications. The data reinforces Avalanche's positioning as "the standard for stables" in the current market landscape.
🥃 Suntory Tokenizes 240-Year Bowmore Whisky Heritage

**Suntory is launching Bowmore's first digital whisky collection**, combining 240 years of Scottish distillery heritage with blockchain technology. The tokenized bottles are minted on **Avalanche's C-chain** and feature: - **NFC authentication** for tamper-proof verification - **Unique NFTs** paired with each bottle - **On-chain provenance** tracking **Two collection tiers available:** - Collectors Edition: 8 bottles of 30-year-old whisky with special glassware - 12-Year-Old Edition: 150 bottles with digital ownership records The project makes luxury spirits accessible to both **Web3 users and traditional collectors** through wallet or email claiming options. Launching September 30 after TOKEN2049 Singapore, this represents a new model for luxury goods where authenticity and ownership are permanently recorded on blockchain. [Learn more](https://www.avax.network/about/blog/bowmore-to-launch-limited-edition-tokenized-whisky-bottles-on-avalanche)
600 Superfans Outperform Million Streams in New Entertainment Economy
A new report from 51 Insights reveals how **blockchain technology is transforming entertainment funding** through dedicated fan communities. **Key findings:** - 600 superfans generate more value than 1 million streams - Republic Film recouped investment capital within months - EVEN platform outperforms traditional platforms like Spotify and Netflix The report examines how **fan-funded projects** are creating new revenue models for creators in music, film, and immersive experiences. Blockchain enables direct fan investment and ownership in entertainment projects. **Avalanche blockchain** powers these fan-funded initiatives, allowing creators to bypass traditional studio systems and build sustainable businesses through community engagement. The study provides practical playbooks for launching fan-owned entertainment ventures and demonstrates how blockchain creates stronger creator-fan relationships than traditional streaming models. [Download the full report](http://fiftyone.xyz/new-entertainment-economy)
WeBlock RWA Launches Korean Real Estate Infrastructure on Avalanche
**WeBlock RWA** is building real-world asset and stablecoin infrastructure on an Avalanche L1, targeting South Korea's regulated financial markets. The platform combines: - Avalanche's technical capabilities - Korean regulatory expertise - Real estate market knowledge **Timeline:** - Stablecoin pilot: Second half 2025 - First RWA product: First half 2026 South Korea continues positioning itself as a **global financial innovation hub**, with this launch representing another step toward mainstream crypto adoption in traditional markets. [Read full details](https://zdnet.co.kr/view/?no=20250909102032)
Institutions Move Beyond Proof-of-Concept to Build Onchain Infrastructure

**Institutional adoption is accelerating** as organizations shift from testing to building real onchain solutions. The upcoming RWA Summit in Brooklyn will showcase how **Avalanche is enabling** tokenized funds, programmable settlement, and compliance-ready infrastructure. **Key speakers include:** - Morgan Krupetsky (Ava Labs) - Private Credit - Gabe Otte (Dinari US) - Tokenized Equities - Kevin Li Chan (Grove Labs) - Hedge Fund Allocations - Nick Cherney (JHI Advisors) - Institutions Onchain - Cynthia Lo Bessette (Fidelity) - Digital Asset Adoption The summit highlights the **industry-wide shift** toward tokenized finance, with real-world assets from hedge funds to institutional credit moving onchain. [Register for the RWA Summit](https://www.rwasummit.io/brooklyn-2025#about)