Key Notes

Sony’s goal behind launching a USD stablecoin is to enable low-cost digital payments and reduce reliance on credit cards.

The bank has applied for a US banking license and partnered with Bastion to meet regulatory requirements.

However, US banking groups have raised regulatory and consumer-protection concerns.

Japanese tech giant Sony is preparing to launch its own USD-pegged stablecoin in the market, used for payments across its gaming and anime ecosystem. The launch will reportedly happen in early 2026.

Sony Bank to Come Up with Its USD-Pegged Stablecoin

Japan’s popular media outlet Nikkei disclosed plans for Sony Bank’s plans to explore issuing a USD stablecoin by early 2026. This marks one of the direct entries by a Japanese firm into the US stablecoin market. Moreove

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