Sony Bank Unveils USD-Backed Stablecoin for Seamless Gaming and Anime Payments

Sony Bank is set to revolutionize digital payments in the entertainment industry with the launch of a US dollar-backed stablecoin as early as fiscal 2026. This innovative move, per Nikkei, aims to simplify cross-border transactions and reduce fees associated with traditional credit cards within Sony’s vast ecosystem. The token will be used for purchases on PlayStation games, mobile titles, anime content, and subscriptions. This marks a significant entry for a major Japanese financial institution into the growing stablecoin market.