Sony has secured conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank, Connectia Trust. Set to launch in 2027 with a registered capital of $40 million, the bank will focus on the issuance and management of USD-denominated stablecoins in the United States. This move marks Sony's strategic entry into the burgeoning stablecoin market, aligning with its broader financial services expansion.
Sony Gains OCC Approval for Trust Bank, Eyes USD Stablecoin Launch
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