Sony Bank is set to issue a USD-pegged stablecoin in the U.S. by the 2026 fiscal year, aimed at facilitating payments within Sony's ecosystem, including gaming and anime content. The bank applied for a U.S. banking license in October and intends to establish a subsidiary to manage the stablecoin operations. Sony Bank has partnered with U.S. stablecoin issuer Bastion to utilize its underlying infrastructure for this initiative.