Sony Bank Unveils USD-Pegged Stablecoin for Gaming and Anime Payments

Sony Bank is planning to launch a US dollar-backed stablecoin in the United States as early as fiscal 2026, according to Nikkei. The token will maintain a 1:1 value with the US dollar and aims to streamline payments within the Sony ecosystem for purchases of games, anime content, and subscriptions. This move marks a major entry by a large Japanese financial institution into the stablecoin market, potentially revolutionizing digital transactions within its ecosystem.