Sony Bank to launch US stablecoin for games and anime: report
Sony Bank plans to issue a U.S. dollar-pegged stablecoin in the U.S. as early as fiscal year 2026.Summary
Sony Bank, a subsidiary of Sony Financial Group, is reportedly planning to launch a U.S. dollar-pegged stablecoin in the United States as early as fiscal year 2026. To facilitate this, the bank is seeking to establish a U.S.-based unit and has already applied for a U.S. banking license. Sony Bank will partner with U.S. stablecoin issuer Bastion, utilizing its infrastructure for the project. The stablecoin is intended for U.S. customers to pay for video games, anime, subscriptions, and other content within Sony's ecosystem, aiming to reduce transaction fees associated with credit cards. This move connects Sony's significant U.S. sales, which accounted for over 30% of its external sales last year, with the growing $291 billion U.S. dollar stablecoin market. This development follows Sony Block Solutions Labs' recent launch of the Ethereum Layer 2 network, Soneium, designed for content creators.
(Source：The Block)