Sony Bank Plans USD Stablecoin for Entertainment Ecosystem

Sony Bank targets U.S. entertainment payments with a USD stablecoin by FY2026.

Stablecoin uses Bastion infrastructure and Soneium Layer 2 blockchain for transactions.

Move aligns with $291B U.S. stablecoin market and global crypto adoption trends.

Sony Bank is accelerating its move into digital finance, preparing a U.S. dollar-pegged stablecoin for its entertainment platforms as early as fiscal year 2026. The Japanese financial subsidiary aims to integrate the stablecoin across video games, anime, subscriptions, and other services within the U.S., targeting over 30% of Sony’s external sales, which originate from the American market

Sources familiar with the matter told Nikkei that Sony Bank is establishing a U.S.-based unit and has already applied for a banking license. The stablecoin will leverage Bastion’s infrastructure, a U.S.-based issuer, to streamline payments and reduce transaction costs.

Besides lowering fees, Sony Bank aims to modernize digital payments across its ecosystem. The initiative ties closely with Sony Block Solutions Labs’ Ethereum Layer 2, Soneium, launched on the mainnet earlier this year

The platform supports content creators, fans, and communities, and the stablecoin may serve as the primary transactional currency within this blockchain ecosystem. Consequently, the company is positioning itself to capture a larger share of the expanding $291 billion U.S. dollar stablecoin market.

Strategic Move Amid Global Stablecoin Growth

The adoption of stablecoins is generally in line with Sony’s aim. Japan is investigating multi-bank partnerships to broaden the yen stablecoin ecosystem and recently approved JPYC, the country’s first yen-pegged stablecoin.

Additionally, Sony Financial Group, the parent firm, recently separated from Sony Group and went public on the Tokyo Stock Exchange on its own. By separating its balance sheet from the bigger company, the financial arm is able to concentrate on digital innovation.

However, stablecoins are not just domestic innovations; they increasingly influence global finance. Tether’s USDT and Circle’s USDC alone hold a combined market capitalization of $260 billion, while total stablecoins now exceed $306 billion

Standard Chartered warned that over $1 trillion could flow from emerging-market banks to dollar-pegged crypto assets by 2028. Hence, Sony’s stablecoin rollout could have both local and international implications.

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