Sony may launch a dollar stablecoin for ecosystem payments in gaming and anime

Sony Group plans to issue a dollar-pegged stablecoin next year for U.S. customers to use within its digital ecosystem for purchasing content such as games and anime.

This move comes after Sony's banking division, Sony Bank, applied for a national bank charter in the U.S. in October. The charter will allow its subsidiary, Connectia Trust, to engage in "certain designated activities involving cryptocurrency," including issuing a stablecoin pegged to the dollar, maintaining corresponding reserve assets, and providing custody and digital asset management services. Sony Bank has partnered with stablecoin company Bastion, which will provide the infrastructure for the Sony stablecoin. Sony Bank hopes that U.S. customers will use its stablecoin to pay for game subscriptions and other content on the PlayStation platform, reducing the fees associated with credit card payments. Previously, Sony and its partner Startale Group launched the ETH Layer2 network Soneium in January 2025. Sony Group also operates the PlayStation platform and the Crunchyroll anime streaming service.