The post Sony Plans U.S. Stablecoin Launch for Payments Across Its Platforms appeared on BitcoinEthereumNews.com. Fintech Sony is preparing to take a major leap into digital money — not inside Japan, but in the United States. Key Takeaways: Sony prepares a U.S.-focused stablecoin for its entertainment ecosystem. The token is part of a wider Web3 expansion led by Sony Bank. New partnerships and restructuring signal a long-term digital payments strategy. The company’s online banking arm is developing a U.S. dollar–pegged stablecoin that could eventually become a payment method across Sony’s entire entertainment universe, from gaming to streaming. If the plan unfolds as expected, users could pay for PlayStation titles, in-game content, subscriptions and anime platforms using a Sony-issued digital token. Instead of replacing credit cards, the stablecoin is designed to sit beside them — reducing fees paid to card networks and giving Sony more control over its payments infrastructure. A U.S.-First Strategy Despite being a Japanese corporation, Sony is building the product for American customers before anyone else. The U.S. accounts for roughly 30 percent of Sony’s external revenue, and the company appears determined to create a native payment experience tailored to that audience. Preparing for the rollout, Sony Bank submitted an application in October for a banking license in the U.S. and began constructing a dedicated business entity focused on digital currency issuance. Sony won’t be doing this alone. Bastion — a U.S. stablecoin issuer — is embedded in the project as a key partner, and Sony has already backed the startup financially. Its venture capital arm joined Bastion’s recent $14.6 million raise led by Coinbase Ventures, signaling that Sony sees strategic value far beyond a single token. Not a Sudden Pivot — A Web3 Blueprint Taking Shape The stablecoin is only one piece of a broader overhaul inside Sony Bank. Earlier this year, the company formed a new subsidiary aimed at building Web3-powered… The post Sony Plans U.S. Stablecoin Launch for Payments Across Its Platforms appeared on BitcoinEthereumNews.com. Fintech Sony is preparing to take a major leap into digital money — not inside Japan, but in the United States. Key Takeaways: Sony prepares a U.S.-focused stablecoin for its entertainment ecosystem. The token is part of a wider Web3 expansion led by Sony Bank. New partnerships and restructuring signal a long-term digital payments strategy. The company’s online banking arm is developing a U.S. dollar–pegged stablecoin that could eventually become a payment method across Sony’s entire entertainment universe, from gaming to streaming. If the plan unfolds as expected, users could pay for PlayStation titles, in-game content, subscriptions and anime platforms using a Sony-issued digital token. Instead of replacing credit cards, the stablecoin is designed to sit beside them — reducing fees paid to card networks and giving Sony more control over its payments infrastructure. A U.S.-First Strategy Despite being a Japanese corporation, Sony is building the product for American customers before anyone else. The U.S. accounts for roughly 30 percent of Sony’s external revenue, and the company appears determined to create a native payment experience tailored to that audience. Preparing for the rollout, Sony Bank submitted an application in October for a banking license in the U.S. and began constructing a dedicated business entity focused on digital currency issuance. Sony won’t be doing this alone. Bastion — a U.S. stablecoin issuer — is embedded in the project as a key partner, and Sony has already backed the startup financially. Its venture capital arm joined Bastion’s recent $14.6 million raise led by Coinbase Ventures, signaling that Sony sees strategic value far beyond a single token. Not a Sudden Pivot — A Web3 Blueprint Taking Shape The stablecoin is only one piece of a broader overhaul inside Sony Bank. Earlier this year, the company formed a new subsidiary aimed at building Web3-powered…

                                                                               Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.                     Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more