Crypto payments coming to PlayStation as Sony plans stablecoin launch in 2026
Summary
Sony Bank, the online lending subsidiary of Sony Financial Group, is reportedly planning to launch a US dollar-pegged stablecoin in 2026, aiming to facilitate payments for PlayStation games, subscriptions, and anime content in the US market.
To achieve this, Sony Bank is pursuing a US banking license and has partnered with US stablecoin issuer Bastion, whose funding round Sony’s venture arm also joined. This stablecoin is intended to reduce transaction fees currently paid to card networks.
This initiative is part of Sony Bank's broader push into Web3, evidenced by the establishment of its dedicated Web3 subsidiary, BlockBloom, in June 2025. BlockBloom aims to create an ecosystem integrating fans, artists, NFTs, and both fiat and digital currencies.
(Source:Cointelegraph)