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Sony Bank launches empirical experiments on stablecoin issuance to explore the possibility of internal application within the group

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2024-04-05 01:03:14
Sony Bank has begun demonstration experiments by issuing stablecoins linked to legal tender currencies such as the Japanese yen. The experiment aims to reduce the transaction costs for individuals when making payments and transfers, while exploring the potential application of stablecoin as a payment method in intellectual property related businesses such as gaming and sports under Sony Group.
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