According to Nikkei News, Sony Bank plans to issue a stablecoin pegged to the US dollar as early as fiscal 2026 for payments related to gaming, anime, and other content within the Sony ecosystem. The bank has applied for a US banking license in October and will establish a subsidiary to handle stablecoin operations. Sony Bank has partnered with the US stablecoin issuance company Bastion and plans to use its underlying infrastructure.
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According to Nikkei News, Sony Bank plans to issue a stablecoin pegged to the US dollar as early as fiscal 2026 for payments related to gaming, anime, and other content within the Sony ecosystem. The bank has applied for a US banking license in October and will establish a subsidiary to handle stablecoin operations. Sony Bank has partnered with the US stablecoin issuance company Bastion and plans to use its underlying infrastructure.