Sony Bank to Launch USD-Pegged Stablecoin by 2026, Targeting Digital Payments Overhaul

Sony Bank is positioning itself at the forefront of digital payments innovation with plans to introduce a USD-pegged stablecoin by 2026. The stablecoin will be integrated across Sony's vast entertainment ecosystem, including PlayStation, streaming platforms, and anime services, aiming to streamline transactions and reduce costs.

The MOVE addresses longstanding pain points in Sony's current payment infrastructure, which relies heavily on credit card networks that impose significant fees. In-game purchases and subscription services—critical revenue drivers in the U.S. market—stand to benefit most from the transition to blockchain-based settlements.

Regulatory compliance remains a key focus. Sony Bank has taken concrete steps by applying for a U.S. banking license and establishing a local operational presence. The partnership with Bastion, a specialized stablecoin infrastructure provider, signals a deliberate approach to meeting stringent financial regulations.