Sony steps into stablecoins: what this could mean for crypto — and potentially Jasmy
- Franki Ford
- Nov 14
- 3 min read
If you’ve been following the crypto space closely this year, you’ll know that traditional finance and tech giants have been quietly shifting their stance. What started as corporate curiosity has evolved into strategic positioning, regulatory planning, and now — actual infrastructure.
The latest example? Sony.
Yes — that Sony.
This week, Sony Bank (the banking arm of Sony Group) officially applied to the US Office of the Comptroller of the Currency (OCC) for a national trust charter. If approved, Sony would gain the ability to offer regulated digital asset services in the United States through its subsidiary Connectia Trust.
And that includes something big:✔ Issuing a US dollar-backed stablecoin.
Why this matters
Stablecoins are the backbone of the crypto economy. They act as the bridge between traditional finance and blockchain ecosystems — payments, liquidity, remittances, tokenised assets, gaming economies, and soon...AI-driven machine transactions.
Sony entering this space isn’t another “corporate Web3 experiment.” It’s a strategic foothold in the future of programmable money.
If approved, Sony would join the likes of:
Coinbase
Stripe
Paxos
Ripple
Fidelity
who are all waiting on similar approvals. So far, only Anchorage Digital has a fully approved OCC charter.
But the environment is changing. Since the appointment of former Bitfury legal chief Jonathon Gould as head of the OCC, the tone has shifted from “wait” to “build — carefully.”
Sony’s Web3 momentum didn’t start here
Sony has been steadily positioning itself:
They launched Sony Blockchain Solutions Lab
They developed Soneium, an Ethereum Layer 2 blockchain with Startale Labs (Astar Network)
They’ve been experimenting across gaming, supply chain, and digital identity
Soneium launched earlier this year and instantly grabbed headlines — not because of hype, but because of censorship controls and compliance readiness.
Memecoins were blacklisted. Tokens were frozen. Positions were wiped.
Some saw it as anti-Web3.Ethereum co-founder Vitalik Buterin saw it differently:
a real-world glimpse of how enterprise blockchain may operate — transparent, auditable, rules-based, but still on-chain.
This is the key: Sony isn’t building a crypto playground.They’re building a regulated financial layer for real-world use cases.
So where does Jasmy fit into this picture?
This is where things get interesting.
Sony and Jasmy Corporation share history, personnel relationships, and overlapping ecosystem interests in IoT, digital identity, secure data storage, and device-based authentication.
Both companies have roots in the Japanese tech sector and both are positioning themselves for a world where:
Devices authenticate themselves
Data becomes a personal asset
AI executes payments automatically
Machines interact financially without human approval
A Sony-issued stablecoin could easily become:
✔ the default currency for Sony PlayStation gaming✔ the settlement layer for Web3-enabled Sony devices✔ the payment backbone for Soneium-based apps✔ the transactional unit for machine-to-machine (M2M) economies
And who else in Japan is building infrastructure for data ownership, IoT authentication, wallets and machine-level identity?
Jasmy.
It’s worth noting — Sony has not publicly partnered with Jasmy.But the overlap remains too clear to ignore.
Jasmy’s Personal Data Locker, Secure PC, and IoT authentication token architecture could theoretically integrate into:
Sony smartphones
Sony vehicles (EVs are coming)
Sony imaging systems (cameras, sensors, robotics)
PlayStation or VR Metaverse infrastructure
And if Sony now has a regulated stablecoin, the payment rails between devices become frictionless.
Why this could be bullish
If Sony succeeds in launching a regulated US stablecoin, we’ll likely see:
🔹 increased corporate confidence in regulated crypto🔹 more traditional companies applying for Web3 banking status🔹 a shift from speculation to infrastructure and utility
And for the Japanese Web3 ecosystem — this matters.
Japan is already:
pro-blockchain
pro-Web3 gaming
pro-digital assets
actively rolling out national digital ID integration
Jasmy has positioned itself at the heart of that digital identity movement.
Sony seems to be positioning itself at the heart of financial settlement.
Those two domains — identity and payment — are the foundation for everything Web3 and AI-automation is moving toward.
Final thoughts
This isn’t hype.
This isn’t a meme narrative.
This is Sony applying for a US banking license so it can legally issue and custody digital assets on American soil.
That’s not the kind of move a company makes for experimentation.It’s a move made when the future is already planned.
For Jasmy holders and watchers, the broader picture is clear:
Japanese tech giants are entering crypto infrastructure
Regulation is accelerating rather than slowing
Machine-to-machine payments, identity, and compliance are converging
Whether Sony and Jasmy formally intersect or simply evolve in parallel, this trend reinforces a simple truth:
🔹 Japan is building the next era of Web3 — quietly, strategically, and permanently.
If Sony Stablecoin becomes reality, it won’t just reshape the stablecoin market.It could mark the beginning of the corporate-driven blockchain economy — and that’s a shift the market still hasn’t priced in.