Sony to Launch Its Own USD Stablecoin by 2026: A New Payment Revolution in Entertainment

Sony Bank is set to launch its own U.S.-dollar-pegged stablecoin, targeting a market disruption in the entertainment industry. The token will be integrated into Sony’s vast ecosystem encompassing PlayStation, streaming services, and anime platforms, aiming for faster, cheaper, and borderless digital payments. This initiative seeks to alleviate high credit card fees charged by traditional networks on in-game purchases and subscriptions, particularly those originating from the U.S., which makes up more than 30% of Sony’s global revenue. This move promises a smoother user experience for customers across their various entertainment platforms.