Nikkei to the news according to Sony Bankis preparing to issue a stablecoin pegged to the dollar at a 1:1 ratio in the US by fiscal year 2026. The altcoin will be used to pay for games and anime in the Sony ecosystem. The bank applied for a banking license in the United States in October and was preparing to establish a subsidiary that would manage stablecoin activities.
New Financial Layer for Sony’s Digital Ecosystem
Sony Group, stablecoin With its project, it aims to transform the user experience by simplifying the global payment infrastructure. According to the company’s plan, players and content consumers in the USA will be able to make many transactions, from in-game payments to subscription fees, with the stablecoin to be issued. Thus, high transaction fees paid to credit card companies will decrease and payments will become independent of geographical restrictions.
Sony Bank hired US-based stablecoin developer to implement the project. bastion He collaborated with. The bank will benefit from Bastion’s existing Blockchain infrastructure to ensure the security and liquidity of transactions. US Treasury bonds It plans to use reserve assets such as as collateral. This model reduces traditional banking security cryptocurrency It will strengthen Sony’s financial innovation capacity by combining it with its technologies.
Seeking Strategic Positioning in the US Market
sony‘s move is of strategic importance as the USA is one of the largest revenue centers for the company. More than 30 percent of Sony Group’s foreign sales in the fiscal year ending March 2025 originated in the United States. Sony, which was listed on the Tokyo Stock Exchange in September Financial GroupDespite leaving the parent company, it continues to provide financial support to the business development activities of the Sony ecosystem.
In the USA, where the stablecoin market is growing rapidly Tether (USDT) and circle (USDC) makes up the majority of the sector with a total supply of approximately $260 billion. entered into force in July GENIUS Act It reduced uncertainties in the industry by setting the legal framework for stablecoin issuers. The Donald Trump administration’s support for cryptocurrencies is seen as an important factor that accelerates the entry of corporate actors such as Sony into the market.
