Market Chatter: Sony Bank Plans Dollar-Pegged Stablecoin In U.S. By Fiscal 2026

MT Newswires Live12-01

Sony Bank targets a U.S. dollar-pegged stablecoin for use in PlayStation games and Sony anime content from fiscal 2026, Nikkei reported Monday.

It sought a U.S. banking license in October and partnered with Bastion to use its infrastructure, setting up a U.S. subsidiary for the business, according to the report.

The U.S. made up 30% of Sony Group's (TYO:6758) external sales to March 2025. Donald Trump signed the GENIUS Act, shaping U.S. stablecoin rules, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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