Sony to build a Web3 payments network with its new US dollar stablecoin

Image for article Sony to build a Web3 payments network with its new US dollar stablecoin
News Source : Coinjournal.net

News Summary

  • Sony Bank, the online lender under Sony Financial Group, is preparing to roll out the stablecoin in the US through a dedicated unit.
  • The token will be pegged to the US dollar and is expected to support purchases of PlayStation games, subscriptions, and anime content.
  • With a launch planned for 2026, Sony is building the early layers of a cross-platform structure that links Web3 payments with its broader entertainment network.Sony Bank’s shift into stablecoins is part of a wider Web3 push that started earlier this year.
The bank partnered with Bastion and took part in its $14.6 million raise.Sony created a Web3 unit named BlockBloom to expand digital asset services.Sony Financial Groups re [+4353 chars]

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