Sony Bank Plans U.S. Dollar-Pegged Stablecoin for PlayStation and Digital Payments by 2026

Source: ETHNews Original Title: Sony Bank Plans U.S. Dollar-Pegged Stablecoin for PlayStation and Digital Payments by 2026 Original Link: Sony Bank is preparing to launch a U.S. dollar-pegged stablecoin in the United States as early as fiscal year 2026, a move that could reshape how millions of PlayStation fans, subscribers, and digital consumers pay for content across the Sony ecosystem.

The stablecoin would serve as an alternative payment method for games, in-app purchases, subscriptions, and anime services, reducing reliance on traditional card networks.

Early reports indicate the rollout will focus on U.S. customers, who make up a dominant share of Sony Group’s global sales. By offering a direct on-chain payment option, Sony Bank aims to lower payment processing fees and improve the efficiency of digital transactions.

The plan aligns with several key regulatory and corporate developments. In October 2025, Sony Bank filed for a U.S. banking license and created a dedicated subsidiary to handle stablecoin operations. This expansion was enabled by the GENIUS Act, which introduced a clear legal framework for issuing and managing stablecoins in the U.S.

Sony Bank is also collaborating with Bastion, a U.S. stablecoin issuer whose recent funding round included investment from Sony’s venture capital arm. The partnership is expected to provide the infrastructure needed for regulatory compliance, custody, and on-chain settlement.

The initiative is part of Sony’s broader move into Web3 and blockchain-powered services. It follows the September 2025 spinoff of Sony Financial Group from Sony Group, a restructuring designed to give the financial arm more autonomy in developing next-generation digital products.

If successful, Sony’s stablecoin could become one of the first major consumer-tech tokens integrated directly into a global entertainment ecosystem, potentially influencing how other large brands approach digital payments.