The post Crypto News: Sony Bank to Launch USD-Pegged Stablecoin by 2026 appeared on BitcoinEthereumNews.com.

Sony plans a U.S.-dollar stablecoin to streamline payments across gaming, streaming, and anime platforms. Sony Bank is preparing to issue a U.S.-dollar-pegged stablecoin in the United States by fiscal 2026. This initiative is focused on payments in Sony’s ecosystem, such as the PlayStation games and anime content. According to Nikkei, the bank applied for a U.S. banking license back in October. Furthermore, it will have a subsidiary in charge of issuance and compliance. The bank has partnered with Bastion, a US stablecoin infrastructure provider to ensure smooth operations. Sony Aims to Simplify Payments and Reduce Costs Sony Group wants the stablecoin to cut down on transaction fees on the company’s platforms. Moving away from credit card processing, the company can reduce costs to the consumer. Moreover, more than 30% of Sony’s global revenue comes from the US, so American users are essential for the adoption process. JUST IN: 🇺🇸 Sony Bank to issue dollar-pegged stablecoin in U.S. – Nikkei. pic.twitter.com/MZMhbdANCh — Whale Insider (@WhaleInsider) December 1, 2025 This opportunity is being aided by the newly passed GENIUS Act, making it easier for corporate digital currency initiatives. Plus, Sony Financial Group, recently listed on the Tokyo Stock Exchange, has confirmed support for the rollout, despite its separation from Sony Group. The bank’s proposal has, however, raised concern among the U.S. banking organizations. The Independent Community Bankers of America (ICBA) argued that the coin is similar to an account product that is not insured by the Federal Deposit Insurance Corporation. As a result, they say it could put consumers at unnecessary risks. Related Reading: Crypto News: Sony Bank Files to Offer Stablecoins and Crypto Custody via Connectia Trust | Live Bitcoin News Furthermore, the ICBA pointed out that the stablecoin may be subject to a checking account like what is prohibited under…

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Filed under: News - @ December 1, 2025 11:27 am