Sony Bank Launches USD-Backed Stablecoin for Gaming and Anime Payments

Sony Bank is set to launch a US dollar-backed stablecoin in the United States, aiming to revolutionize digital payments within its entertainment ecosystem. This move represents a major step for the Japanese financial institution in the burgeoning stablecoin market. The stablecoin will facilitate seamless transactions across PlayStation games, mobile titles, anime content, and subscriptions, offering users an alternative to traditional credit cards.