Sony Bank is reportedly planning to launch a US dollar-pegged stablecoin, aiming to integrate blockchain technology into its gaming and anime intellectual properties. According to a report from The Block, the Japanese banking arm of the Sony Group is exploring the use of stablecoins to streamline payments and settlements within its extensive entertainment ecosystem. The initiative is part of Sony's broader strategy to leverage Web3 technologies. By introducing a stablecoin, Sony Bank could facilitate seamless transactions for digital assets and in-game items, potentially reducing transaction costs and friction for users globally. This move aligns with Japan's increasingly supportive regulatory environment for stablecoins, following the implementation of a legal framework in 2023 that allows licensed banks and trust companies to issue them. Sony has been actively experimenting with blockchain, having previously announced the development of its own blockchain network to serve as a foundation for its web3 ambitions.