Sony Plans Dollar-Backed Stablecoin for Digital Ecosystem by 2026
Sony is targeting fiscal 2026 to launch a dollar-pegged stablecoin for payments across its gaming, anime, and subscription services. The coin will be asset-backed, with reserves including government bonds to maintain stability, and will leverage blockchain for low-cost, cross-border transactions.
The initiative, developed with U.S. partner Bastion, aims to capture Sony’s U.S. user base, which contributed over 30% of external sales last fiscal year. Sony Bank’s recent U.S. banking license application and a new stablecoin-focused subsidiary signal strategic intent.
The move comes as the $315.8B global stablecoin market remains dominated by Tether (USDT) and Circle (USDC), which collectively hold $260B in circulating supply. Regulatory tailwinds—including the Trump administration’s support and the Genius Act framework—further bolster the sector.
