Updated:05:40 PM CEST Aug,14
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Sony Builds Blockchain Network and Plans Its Own Stablecoin - briefly|
| (hx) 05:40 PM CEST - Aug,14 2026 |
Sony has launched Soneium, its own Ethereum Layer-2 blockchain network, developed together with Startale.
A dollar stablecoin called USDSC already runs on the network, while Sony Bank is separately preparing its own USD-backed stablecoin.
The company aims to eventually allow payments for digital content, including games and anime, using these tokens, mainly to reduce credit card fees.
Sony Bank received conditional U.S. regulatory approval in 2026, with operations expected around 2027.
There is currently no requirement to use the stablecoin on the PlayStation Store, and traditional payment methods remain available.
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