Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project
According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could be utilized by Sony Group along with its associated entities. Insiders revealed that this endeavor’s testing phase employs the Polygon blockchain, with the crypto firm Settlemint lending its support. Polygon and Settlemint […]
Go to Source
Author: Jamie Redman
Related posts:
- USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity
- Dfinity Foundation Launches Chain-Key Bitcoin, a Native Internet Computer BTC Derivative Token
- Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple
- Sony Files ‘Super-Fungible Token’ NFT Patent