Sony's blockchain partner has launched a new institutional-grade stablecoin specifically designed for the Soneium network. This development marks a significant step in the infrastructure buildup for Sony's blockchain initiative, aiming to facilitate robust financial transactions and institutional adoption within its ecosystem. The introduction of this stablecoin is expected to provide a regulated and stable medium of exchange on Soneium, catering to the needs of enterprise clients and large-scale applications. It aligns with broader industry trends where major corporations are establishing dedicated stablecoin rails to support their proprietary blockchain networks.