Sony Prepares PlayStation Stablecoin for 2026 Launch
BTCCSquare news:
Sony Bank is advancing plans for a dollar-pegged stablecoin targeting the PlayStation ecosystem and US market by 2026. This strategic pivot leverages blockchain infrastructure from partners like Bastion and BlockBloom, positioning PlayStation as a Web3 financial platform.
The initiative aims to reduce payment fees while integrating gaming, NFTs, and crypto payments. Sony's reorganization of its financial arm signals serious intent to compete in stablecoin markets, following Ripple's recent $1.26 billion RLUSD movement.
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