Sony Bank to Explore Real-Time Yen Stablecoin Purchases From Deposits

Sony Bank to Explore Real-Time Yen Stablecoin Purchases From Deposits Japan’s Sony Bank is reportedly preparing to launch a new project that would allow its customers to use traditional bank deposits for instant purchases of yen-denominated stablecoins. The initiative, which is being developed in partnership with stablecoin issuer JPYC, aims to streamline the move from yen deposits to on-chain digital currency holdings, for retail clients to potentially engage with tokenized money. Under the pilot, Sony Ba ...