Sony Bank Launches USD-Pegged Stablecoin for Smooth Digital Payments in Gaming Ecosystem

Sony Bank is planning to launch a US dollar-backed stablecoin in the United States, aiming for release as early as fiscal 2026. This move marks a significant step towards integrating digital payments seamlessly into Sony’s entertainment and technology ecosystem. The stablecoin will be pegged to the US dollar, facilitating frictionless transactions across PlayStation games, mobile titles, anime content, and subscriptions. Its goal is to simplify cross-border payments and reduce fees associated with credit card networks.