Sony Bank is preparing to introduce its own dollar-pegged stablecoin in fiscal 2026. The new instrument is intended to reduce payment costs for games, subscriptions, and anime content across the company’s ecosystem.
Sony Bank is getting ready to enter the U.S. digital asset market with the launch of its own stablecoin. If the project receives regulatory approval, users of the PlayStation Store, Crunchyroll, and other Sony services will be able to pay for content with the company’s token in fiscal 2026, according to Nikkei.
The outlet reports that Sony aims to use the digital asset as an alternative to bank cards, which currently account for the majority of transactions in the PlayStation Store and on streaming platforms. The company expects to reduce payment processing fees and speed up settlements. The U.S. accounts for more than 30% of Sony’s global revenue, making payment optimization in this region particularly important.
For the technical implementation, Sony Bank is partnering with U.S. company Bastion, which specializes in stablecoin issuance infrastructure. Sony previously invested in Bastion through its venture fund. One of the potential technological solutions for the token’s issuance is Soneium, Sony’s blockchain built as an L2 solution on Ethereum.
The stablecoin launch is planned for fiscal 2026, but the final decision lies with U.S. regulators, who must assess whether Sony’s model meets safety and consumer protection requirements.
Connectia Trust, a subsidiary of Sony Bank, previously applied to the Office of the Comptroller of the Currency (OCC) for a national banking charter in the United States, which would formally allow Sony to conduct crypto-related activities at the federal level.
