Sony Bank Prepares Dollar-Pegged Stablecoin for U.S. Gaming and Anime Markets
Sony Bank is advancing plans to launch a dollar-pegged stablecoin by fiscal 2026, targeting the U.S. market. The stablecoin will integrate into Sony’s ecosystem, streamlining payments for gaming and anime content. By reducing reliance on credit card networks, the initiative aims to cut transaction fees and bypass geographic restrictions.
The bank has partnered with U.S.-based Bastion to leverage blockchain infrastructure, collateralizing the stablecoin with reserve assets like Treasury bonds. This MOVE aligns with Sony’s October application for a U.S. banking license, signaling a strategic push into financial services.