Sony Bank to experiment on stablecoins through Polygon

Sony Bank, the banking and financial arm of the Japanese technology conglomerate, has initiated a proof-of-concept to issue its own fiat-pegged stablecoin on the Polygon blockchain, according to a Nikkei report.The trial aims to assess the potential benefits of stablecoins, such as reduced payment and remittance fees, and explore ways to adopt them in Sony's gaming and sports intellectual... source: https://cryptobriefing.com/sony-stablecoin-trial-polygon/