Sony Group plans to issue a US dollar-denominated stablecoin next year for American customers to use within its digital ecosystem to purchase games, anime, and other content.

This move was proposed after Sony's banking division, Sony Bank, applied for a US national bank charter in October. This license will allow its subsidiary, Connectia Trust, to engage in "certain designated activities involving cryptocurrencies," including issuing dollar-pegged stablecoins, 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 Sony's stablecoin. Sony Bank hopes that American customers can use its stablecoin to pay for game subscriptions and other content on the PlayStation platform, which will reduce fees generated by 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. (Decrypt)