Connectia Trust, part of Sony Bank, has applied for a banking charter aimed at issuing dollar-pegged stablecoins and providing custody services for digital assets. This application aligns Sony with other notable firms like Coinbase and Stripe.
With the stablecoin market at 312 billion USD, predictions suggest it could reach 360 billion USD by February 2026. This trend marks a pivotal moment for Sony Bank’s entry into the crypto sector.
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