A Stablecoin Designed for the Sony Ecosystem

Sony’s planned stablecoin is expected to be integrated across the company’s vast network of digital services. The digital asset could be used as a payment method within Sony’s gaming, entertainment, film, anime, and online content platforms.

Within the PlayStation ecosystem, for example, microtransactions, in-game purchases, subscriptions, and digital content access could become faster and more cost-efficient through Sony’s own stablecoin. This initiative is viewed as one of Sony’s most concrete moves in digital finance, blockchain technology, and Web3. Considering Sony’s massive global user base, the adoption potential for such a stablecoin is remarkably high.

Sony Bank Files Official Application in the U.S.

According to reports, Sony Bank submitted an official banking license application in the U.S. in October to legally conduct stablecoin issuance. The bank plans to establish a U.S. subsidiary that will be responsible for:

• Issuing the stablecoin
• Overseeing operational controls
• Ensuring full regulatory compliance

This structure aims to ensure Sony’s digital currency is both secure and fully aligned with U.S. financial regulations.

A Strategic Move for the Gaming World

Sony’s stablecoin initiative is seen as part of its long-term Web3 strategy. Given that PlayStation is one of the world’s largest gaming brands, the development of a dollar-pegged digital currency could significantly reshape gaming economies.

Potential use cases for Sony’s stablecoin include:

• In-game purchases
• Subscription payments
• Digital wallet integration
• Revenue transfers for content creators
• Instant cross-border payments

When combined with Sony’s existing global infrastructure, the stablecoin could quickly spread across a wide ecosystem.

Analyst Opinions

Market analysts believe that a traditional Japanese financial institution entering the U.S. stablecoin market will intensify competition. The strict regulatory environment in the U.S. also indicates that Sony is dedicating substantial institutional resources to this project.

Analysts commented:

“Sony’s stablecoin initiative will not only simplify payments but also strengthen the company’s global digital finance infrastructure. If the regulatory process succeeds, Sony’s stablecoin could become a major competitive force in the industry.”

Conclusion

Sony’s plan to develop a USD-pegged stablecoin represents a significant step in both the technology and finance sectors. The company’s U.S. licensing efforts and its intent to integrate the stablecoin into its own ecosystem demonstrate the seriousness of the project. A stablecoin usable across PlayStation and Sony’s digital entertainment platforms could enhance user experience, expand the company’s payment infrastructure, and accelerate its Web3 strategy. If regulatory approval is granted, Sony’s stablecoin could become a major player in the global digital payments landscape.

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Sony and Crypto.com Partnership: A New Era for Crypto Payments

On April 2, Sony Electronics Singapore announced that its online store now accepts USDC payments via integration with Crypto.com.

Chin Tah Ang, General Manager of Crypto.com Singapore, stated:

“We’re pushing to make crypto payments more mainstream. Partnering with an established and forward-thinking brand like Sony raises awareness of how simple it can be to use crypto for everyday purchases.”

This is just one of Crypto.com’s high-profile collaborations. In late 2024, the exchange partnered with Deutsche Bank to provide corporate banking services in Singapore, Australia, and Hong Kong.

Singapore Invests in Stablecoins

The decision by Sony Electronics Singapore to accept stablecoin payments reflects a growing trend in the region.

In February 2025, Metro, a publicly listed department store chain in Singapore, also enabled payments using USDT and other stablecoins.

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Reports from January 2025 suggested that Singapore has become a major destination for Web3 companies, issuing twice as many crypto licenses in 2024 as the previous year.

William Croisettier, Chief Growth Officer at ZKcandy, highlighted Singapore’s regulatory approach:

“The country takes a risk-adjusted approach to crypto regulation, focusing on major digital currencies to protect investors. It also makes it easier for new crypto firms to interact with local banking partners—a luxury in many other parts of the world.”

Singapore: The Emerging Crypto Hub

In November 2024, Singapore Gulf Bank sought at least $50 million in funding as part of its plan to acquire a stablecoin payment company in 2025.

A 2024 year-end study ranked Singapore as the top global leader in blockchain technology, based on multiple factors such as patents, job opportunities, and crypto exchange activity.

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Anime Culture Meets Web3

Announced on March 27, this collaboration aims to enhance Web3 user engagement by targeting anime and manga enthusiasts worldwide.

As part of this partnership, Animoca Brands’ digital identity infrastructure platform, Moca Network, will create an identity layer on the Soneium Blockchain. The first step in this process is Anime ID, a decentralized identity and reputation layer.

Anime ID is spearheaded by San FranTokyo, an initiative focused on integrating traditional anime and manga culture with decentralized technologies.

Anime-Themed Experiences Enter Web3

Moca Network’s AIR SDK will be integrated into Soneium Blockchain. This will enable users to maintain embedded accounts with a single identity across multiple decentralized applications (DApps).

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San FranTokyo’s Anime ID will be the first to adopt the AIR SDK, enhancing anime fan engagement on Soneium Blockchain.

San FranTokyo head David Taing emphasized that Anime ID makes blockchain engagement feel “more natural” for anime and manga fans. Meanwhile, Moca Network project lead Kenneth Shek told Cointelegraph:

“Navigating the Web3 space can be overwhelming due to multiple wallets, platforms, and accounts. Anime ID simplifies this experience by providing fans with a single identity to use across their entire fandom.”

Taing also revealed that the first major initiative will be the Anime Art Festival on Soneium Blockchain, which will highlight anime-focused intellectual properties, creators, and Web3 projects.

“We are excited to kick things off with the globally acclaimed Solo Leveling in collaboration with the Otherworld team.”

Sony’s Soneium Blockchain

Sony Block Solutions Labs (Sony BSL) launched the public testnet for Soneium Blockchain on August 28, 2024. As a Layer-2 network, its goal is to foster a fan-driven creator community through blockchain technology.

On January 14, 2025, Soneium Blockchain’s mainnet went live, but not without controversy. Pump.fun’s Alon criticized the network for blacklisting specific memecoins and “nuking everyone’s position to 0.”

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Built on an Op Stack meant to offer a “cost-effective development environment” for creating consumer-grade applications, the Soneium blockchain is an Ethereum Layer 2. Early network pioneers will be Circle, Optimism, Alchemy, The Graph, Chainlink, and the Astar Network.

Launched in 2023 and lately given to Sony Network Communications Labs, the project is a collaborative effort between Sony Group Corporation and Startale Labs. Furthermore, scheduled for integration on the EVM-compatible Minato testnet is the ASTR token as “a key asset.”.

Furthermore, Astar Network will combine its zkEVM assets and underlying infrastructure with Soneium to increase the initial liquidity of the new chain, Sony stated last week, therefore hinting at the testnet debut.

Among Sony companies, including SonyMusic and Sony Pictures, the Sony Innovation Fund, among others, will be involved in the Soneium Spark incubation program. Starting capital for applicants will be up to $100,000; they will also have access to a network of exchanges and venture capitalists. Previously acquired by Sony subsidiary Quetta Web Co., cryptocurrencies exchange WhaleFin will be rebranded and launched this year.

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According to the statement, WhaleFin has changed its name to S.BLOX Co., which intends to work with other companies of the Sony Group to create extra value for its crypto trading services.

The overhaul also includes a revamping of the user interface and a fresh, simpler mobile app, the statement stated. The precise S.BLOX crypto exchange debut date is not known.

Originally bought by the Japanese subsidiary of Singapore’s Amber Group in 2022, the crypto trading business was first owned by the Japanese crypto exchange DeCurret. A 2022 press release states that Quetta Web Co., a wholly owned subsidiary of Sony, bought the platform in August 2023.

Sony has been working to increase its Web3 footprint. Last year, Sony Network Communications, a division of the conglomerate, teamed with Japanese blockchain company Startale Labs to create Sony’s own public blockchain network.

Though he withheld more specifics, Sota Watanabe, Startale Labs’ founder and CEO, disclosed on X on Monday that Startale’s external director will oversee Sony’s new crypto exchange.

Last year, the PlayStation manufacturer also registered a patent for more adaptable usage of NFTs as in-game assets under the name “super-fungible tokens.”

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The investors and founder of JasmyCoin (JASMY)

Jasmy was created in 2016 by Kazumasa Sato, a former employee, in Sony company. In addition, it received 99 million dollars investment  in 2021 from investors. Some investors are Bitrise Capital, Chain Capital, CollinStar Holdings, and WXY.

Token Supply And Roadmap

Circulating supply of Jasmy that has not been presale so far is 4.75 billion. Maximum token supply is 50 billion $JASMY. Token distribution is as below:

• Ecosystem 48%
• Funders 27%
• Team 20%
• Community 5%

JasmyCoin which is in Platform popularization phase currently has four phase. In the first phase, they plan to work with Jasmy Initiative member companies by using core technologies SKC and SG. In Value Growth phase which is second one, the team aims to increase the number of companies and focus on different product for more expanding. Users can be encourage to be part of data ecosystem in the third phase (Ecosystem Expansion). The team strongly believe that they will interconnect people, goods and services in the fourth phase (Marketplace Expansion).

Which exchanges we can buy JasmyCoin (JASMY)?

Jasmy has been listed on Uniswap (V3) because it is an ERC-20 token. Besides, users can purchase from  Binance, Coinbase, Gate.io, KuCoin, Bitfinex ve ByBit.

You can also Sign up for Binance with 20% discount. 

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