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flag Sony Bank plans a dollar-pegged stablecoin for PlayStation in early 2026 to cut fees and boost digital payments.

flag Sony Bank, a subsidiary of Sony Group, plans to launch a US dollar-pegged stablecoin in early 2026 to streamline payments on the PlayStation platform, reduce reliance on credit card networks, and lower fees. flag The initiative is part of Sony Bank’s broader Web3 strategy, including the creation of a dedicated subsidiary, BlockBloom, and a partnership with US stablecoin issuer Bastion, backed by Coinbase Ventures. flag The bank has applied for a US banking license to support the venture and aims to integrate the stablecoin with digital assets like NFTs and cryptocurrencies, though no official comment has been provided on the timeline.

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