Sony may launch a USD stablecoin for payments in gaming and anime ecosystems

Jinse Finance reported that Sony Group plans to issue a US dollar-pegged stablecoin next year, allowing US customers to use it within its digital ecosystem to purchase content such as games and anime. This move comes after Sony's banking division, Sony Bank, applied for a US national banking license in October. The license would allow its subsidiary, Connectia Trust, to engage in "certain designated activities involving cryptocurrencies," including issuing a US dollar-pegged stablecoin, maintaining corresponding reserve assets, and providing custody and digital asset management services. Sony Bank has partnered with stablecoin company Bastion, which will provide the infrastructure for the Sony stablecoin. Sony Bank hopes that US customers will use its stablecoin to pay for game subscriptions and other content on the PlayStation platform, thereby reducing credit card transaction fees. Previously, Sony and its partner Startale Group launched the ETH Layer2 network Soneium in January 2025. Sony Group also operates the PlayStation platform and the Crunchyroll anime streaming service. (Decrypt)