Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Finance
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Sony Bank Could Issue USD Stableco
Finance
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Sony Bank Could Issue USD Stableco
Sony Bank Could Issue USD Stablecoin in U.S. Next Year: Nikkei
Sony Bank Could Issue USD Stablecoin in U.S. Next Year: Nikkei
The online banking arm of Sony Financial Group envisages the stablecoin being used to pay for games and anime.
By Jamie Crawley|Edited by Omkar Godbole
Updated Dec 1, 2025, 11:59 a.m. Published Dec 1, 2025, 11:58 a.m.
What to know:
- Sony Bank plans to issue a stablecoin in the U.S. as early as the fiscal year 2026.
- Customers largely use credit cards to pay for games and anime at present, so Sony may look to promote stablecoin payments through the lower fees they enable.
- Sony Bank applied for a banking license in the U.S. in October and plans to establish a subsidiary to handle the issuance of a stablecoin.
Sony Bank plans to issue a stablecoin in the U.S. as early as the fiscal year 2026, the Nikkei reported on Monday.
The online banking arm of Sony Financial Group, which was spun out of the electronics giant this year, envisages the USD-pegged stablecoin being used to pay for games and anime, according to the report.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
Customers largely use credit cards to complete such transactions at present, so Sony may look to promote stablecoin payments through the lower fees they enable.
Sony Bank applied for a banking license in the U.S. in October and plans to establish a subsidiary to handle the issuance of a stablecoin, seeking to capture the opportunity from the expansion of this sector in the last year.
The U.S. passed the GENIUS act into law in July, establishing a regulatory framework for the issuance and use of USD-backed stablecoins.
Sony Bank did not respond to CoinDesk's request for further comment.
SonyStablecoin
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
CNBC Veteran Jay Yarow Joins CoinDesk to Expand Media and Events
Yarow will oversee CoinDesk Insights as its parent company looks to expand digital asset coverage across the globe.
What to know:
- Jay Yarow previously led digital strategy at CNBC and Business Insider.
- He replaces Sara Stratoberdha, who will become an executive at Bullish.
- CoinDesk aims to grow its media and events business under new leadership.
Read full story
Latest Crypto News
Crypto Markets Today: Hawkish BOJ Comments Spur Sharp BTC Downturn
Hacked Down: Crypto Daybook Americas
CNBC Veteran Jay Yarow Joins CoinDesk to Expand Media and Events
Israel’s Central Bank Signals Improved Stablecoin Oversight as Digital Shekel Plans Advance
Japan to Cut Crypto Tax Burden to 20% Uniform Rate in Boost for Local Bitcoin Traders
Ethereum's Fusaka Upgrade, Grayscale Chainlink Trust: Crypto Week Ahead
Top Stories
Bitcoin, Ether, XRP Slide as December Begins With 'Yearn Incident'
Crypto Markets Today: Hawkish BOJ Comments Spur Sharp BTC Downturn
HashKey Leads Hong Kong’s Crypto Market as Losses Deepen Ahead of IPO
Hacked Down: Crypto Daybook Americas
Ethereum Developers Prep for Fusaka, Second Upgrade of 2025
China to Intensify Crackdown on Virtual Currencies, Including Stablecoins: Report
Market Opportunity
Lorenzo Protocol Price(BANK)
$0.04904
$0.04904$0.04904
USD
Lorenzo Protocol (BANK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
CME Group to Launch Solana and XRP Futures Options
The post CME Group to Launch Solana and XRP Futures Options appeared on BitcoinEthereumNews.com. An announcement was made by CME Group, the largest derivatives exchanger worldwide, revealed that it would introduce options for Solana and XRP futures. It is the latest addition to CME crypto derivatives as institutions and retail investors increase their demand for Solana and XRP. CME Expands Crypto Offerings With Solana and XRP Options Launch According to a press release, the launch is scheduled for October 13, 2025, pending regulatory approval. The new products will allow traders to access options on Solana, Micro Solana, XRP, and Micro XRP futures. Expiries will be offered on business days on a monthly, and quarterly basis to provide more flexibility to market players. CME Group said the contracts are designed to meet demand from institutions, hedge funds, and active retail traders. According to Giovanni Vicioso, the launch reflects high liquidity in Solana and XRP futures. Vicioso is the Global Head of Cryptocurrency Products for the CME Group. He noted that the new contracts will provide additional tools for risk management and exposure strategies. Recently, CME XRP futures registered record open interest amid ETF approval optimism, reinforcing confidence in contract demand. Cumberland, one of the leading liquidity providers, welcomed the development and said it highlights the shift beyond Bitcoin and Ethereum. FalconX, another trading firm, added that rising digital asset treasuries are increasing the need for hedging tools on alternative tokens like Solana and XRP. High Record Trading Volumes Demand Solana and XRP Futures Solana futures and XRP continue to gain popularity since their launch earlier this year. According to CME official records, many have bought and sold more than 540,000 Solana futures contracts since March. A value that amounts to over $22 billion dollars. Solana contracts hit a record 9,000 contracts in August, worth $437 million. Open interest also set a record at 12,500 contracts.…
Share
BitcoinEthereumNews2025/09/18 01:39
Pump.fun CEO to Call Low-Cap Gem to Test New ‘Callouts’ Feature — Is a 100x Incoming?
Pump.fun has rolled out a new social feature that is already stirring debate across Solana’s meme coin scene, after founder Alon Cohen said he would personally
Share
CryptoNews2026/01/16 06:26
Iran’s Crypto Use Reaches $7.8 Billion Amid Protests
Iran's crypto usage hit $7.8 billion in 2025, fueled by protests and economic instability, says Chainalysis.
Share
bitcoininfonews2026/01/16 05:51