Sony Bank to launch a USD-pegged stablecoin in the US to power payments across its entertainment ecosystem, including gaming and anime.

Sony Bank Plans to Debut US Dollar-Pegged Stablecoin

Sony Bank is preparing to roll out a US Dollar-linked stablecoin as early as fiscal 2026, according to a report from Nikkei, which cited sources familiar with the matter.

The move marks a major step in the company’s broader push to streamline payments across Sony’s gaming, entertainment, and anime services. Sony Bank’s stablecoin will debut in the US, where the firm is currently seeking a national banking charter to handle issuance and regulatory oversight.

The stablecoin will be issued through Connectia Trust, a Sony Group subsidiary set up to oversee the reserves supporting the token. Those reserves are expected to consist largely of cash and US Treasury instruments, aligning with standards used by leading US stablecoin providers.

Sony intends for the token to reduce transaction frictions and lower payment processing fees for customers using platforms such as PlayStation. Once launched, players and subscribers in the US can use the stablecoin to pay for digital content, subscriptions, and in-game purchases, providing an alternative to traditional card-based payment rails.

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Sony Bank Teams Up with Bastion to Ensure Smooth Deployment and Ecosystem Integration

To support the technical and operational backbone of the new asset, Sony Bank has partnered with Bastion, a company specializing in enterprise stablecoin infrastructure. The collaboration is expected to help ensure regulatory compliance, smooth issuance, and seamless integration across Sony’s ecosystem.

Bastion is a US-based infrastructure firm founded in 2023 and has quickly positioned itself as a key player in regulated digital asset tooling.

The company provides white-label platforms that allow enterprises to issue, custody, and manage USD-backed stablecoins without having to secure their own licenses or build complex compliance and technical frameworks internally.

Its suite of services is designed to help traditional firms enter the stablecoin market with minimal friction, offering end-to-end support that spans regulatory requirements, operational controls, and scalable infrastructure. This makes Bastion a strategic fit for Sony Bank as it works to launch a compliant, institutionally backed stablecoin.

Previous Trials Show Sony’s Growing Interest in Stablecoin Integration

Sony Bank’s stablecoin ambitions didn’t emerge overnight. In 2024, the bank teamed up with Polygon and enterprise blockchain provider SettleMint to test the feasibility of issuing a stablecoin on Polygon’s Proof-of-Stake (PoS) network. The proof-of-concept focused on how a yen-pegged digital currency could support frictionless payments across Sony’s ecosystem, particularly for digital content and gaming transactions.

Under the partnership, Sony Bank handled the regulatory and legal framework, while SettleMint built the technical infrastructure through its Blockchain Transformation Platform. The pilot involved minting a yen-backed stablecoin on Polygon’s low-cost, high-throughput blockchain to evaluate practical use cases such as digital product sales within Sony Group.

The initiative underscored Sony Bank’s strategic push toward blockchain-enabled financial services. By experimenting with stablecoins and Web3 infrastructure, Sony signaled its intent to develop more efficient, transparent, and user-centric payment solutions across its global entertainment and technology platforms.

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Conclusion

Sony Bank’s move to introduce a US Dollar stablecoin marks a significant shift in how the company envisions payments across its entertainment ecosystem. With US-based issuance, strict compliance measures, and support from infrastructure partner Bastion, Sony Bank is positioning itself to bring faster, cheaper, and more seamless digital transactions to millions of users worldwide.