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Sony Bank Receives US Approval to Issue Dollar-Backed Stablecoins

Unverified — auto-generated summary, not yet reviewedInstitutional TransitionJul 20, 2026

Sony Bank is advancing toward operating a USD stablecoin trust bank after receiving conditional and then full US regulatory approval.

Sony Bank has received approval from US regulators — reportedly the OCC — to issue dollar-backed stablecoins, marking a concrete stablecoin issuance authorization for a major Japanese financial institution operating in the US market.

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Sony Bank receives US approval to issue dollar-backed stablecoins · youtube.com · T3