Sony Bank to Issue USD-Pegged Stablecoin Starting Early 2026, Report
Sony Bank, the banking division of #tech giant Sony, is reportedly issuing its US dollar-pegged, GENIUS-regulated stablecoin for US customers as early as fiscal 2026, Nikkei reported Monday. The Group plans to roll out its 1:1 USD-pegged stablecoin for payments and settlement within its gaming and anime business. Until now, Sony customers have paid for subscriptions via credit cards and other means, the report added. Launching a stablecoin would potentially reduce fees paid to credit card issuers. Sony’s Stablecoin Debut and Challenges
Sony took the US markets by surprise in October by filing for an OCC #application to establish a national #crypto bank charter
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Sony Bank to Issue USD-Pegged Stablecoin Starting Early 2026, Report
Sony Bank, the banking division of #tech giant Sony, is reportedly issuing its US dollar-pegged, GENIUS-regulated stablecoin for US customers as early as fiscal 2026, Nikkei reported Monday. The Group plans to roll out its 1:1 USD-pegged stablecoin for payments and settlement within its gaming and anime business. Until now, Sony customers have paid for subscriptions via credit cards and other means, the report added. Launching a stablecoin would potentially reduce fees paid to credit card issuers. Sony’s Stablecoin Debut and Challenges
Sony took the US markets by surprise in October by filing for an OCC #application to establish a national #crypto bank charter