Sony’s Yen Stablecoin 💴 🇯🇵

Sony is making big moves in the blockchain world through its partnership with Startale Labs, working on the launch of the Soneium blockchain network and the development of a stablecoin pegged to the Japanese yen.

The project is currently in the experimental phase, ensuring full compliance with Japan's legal and regulatory standards.

Sony Bank aims to meet legal requirements while offering cost-effective transactions via this stablecoin.

The stable yen token could be applied across various industries, such as gaming and sports, leveraging Sony’s vast intellectual property.