Sony to launch stablecoin to strengthen its payment infrastructure on Playstation and streaming

Source: CritpoTendencia Original Title: Sony will launch a stablecoin to strengthen its payment infrastructure on Playstation and streaming Original Link: One of the most impactful news items for the gaming sector concerns the stablecoin that Sony will launch to strengthen its payment infrastructure. The Japanese giant will now offer the option to pay for games and items on its popular Playstation with cryptocurrencies. The stablecoin will also be used for payments for the company’s streaming services.

This is a highly significant step that could considerably increase user adoption for the company’s platforms. This is mainly due to the cost reductions that blockchain technology brings to the payment system. Although this process is still in its early stages, the path toward crypto now seems set.

It’s important to mention that the initiative is exclusively dedicated to the United States market in its initial stages. It’s also highlighted that credit card payments and third-party platforms will not be eliminated. Payments with stablecoins will be an additional option within the payment infrastructure of the company’s entertainment universe.

It’s worth noting that this stablecoin will be launched by Sony Bank, the company’s financial arm subsidiary, in partnership with fintech Bastion. The token’s debut is expected for 2026 and will be strictly framed within US regulations. It should be mentioned that 30% of Sony’s external revenue is generated in the US, which explains the reason for launching operations in that market.

Sony’s stablecoin marks a milestone in the gaming sector

Sony’s move towards stablecoin payment options may be the beginning of a global trend in the gaming sector. Removing third-party barriers could significantly boost the flow of capital into this market, making it even larger. That’s why video game company stocks could experience big jumps in the short-term future.

It’s important to bear in mind that the stablecoin is just one piece of a much more ambitious project from Sony Bank. The company has plans to create a comprehensive Web3 universe. This is reflected in recently revealed initiatives, such as the creation of a new subsidiary aimed at developing Web3-powered financial services.

With an investment of more than 300 million yen, this initiative, called BlockBloom, plans to connect communities of fans, creators, and digital assets. All of this will be enabled through wallets for NFTs, fiat payments, and cryptocurrency payments. As can be seen, the stablecoin Sony will launch is by no means an isolated decision.

All of this serves as a scaled example of building a new infrastructure based on blockchain. New technologies like artificial intelligence, metaverses, and cryptocurrencies appear to be the pillars of the future experiences that Playstation will offer.

For investors, the current moment could be considered the beginning of a paradigm shift in the video game sector.