Emre Yilmaz

Sony Bank Gains Approval to Launch Dollar-Pegged Stablecoin

Sony Bank has secured conditional approval from the U.S. Office of the Comptroller of the Currency to establish Connectia Trust, a national trust bank intended to issue a dollar-backed stablecoin. This venture aims to enhance digital payments in the company's ecosystem, including PlayStation and Crunchyroll, and looks to target U.S. consumers, as reported by Decrypt.

2 hours ago·Decrypt·Reported by Emre Yilmaz