Stablecoin
Japan's Sony Bank tests yen-backed stablecoin for gaming and sports IP payments
Sony Bank is looking into a yen-backed stablecoin as a form of sending money and payment for businesses that use intellectual property owned by the Sony Group, including gaming and sports.
This move by Sony Bank could potentially revolutionize the way payments are made in the gaming and sports industries. By utilizing a stablecoin backed by the Japanese yen, businesses can enjoy faster and more secure transactions, ultimately leading to increased efficiency and profitability.