Sony Bank Launches Stablecoin Pilot Project on Polygon Blockchain

Sony Bank, a banking division of the Japanese entertainment and gaming conglomerate, has begun a pilot to make its own stablecoin linked to fiat currency, Nikkei reported. The experiment is set to occur on the Polygon blockchain. Sony’s Stablecoin Experiment on Polygon The report statement asserts that Sony is exploring stablecoins to drive the firm’s…