New rumors from Japan indicate that Sony may be ready to launch its own stablecoin.
According to a report from Nikkei, the tech giant is collaborating with blockchain company Astar to develop a stablecoin based on the Polygon network.
The use of this stablecoin by Sony could have various applications, but the most popular at the moment is that the company uses it to facilitate micropayments on PlayStation (to be clear, microtransactions, i.e. those small online payments, often lower than dollar or in any case very low amounts, made for the purchase of in-game content, such as character skins, weapons, etc.).
The advantage of this use would be faster, less expensive and more secure transactions for users.
An interesting fact concerns the collaboration between Sony and Astar. The latter, a well-known Japanese blockchain company, is developing a platform for the creation of decentralized applications (dApps). It is thought that this partnership could allow Sony to integrate its stablecoin with a variety of dApps, offering users new gaming and entertainment experiences.
News that for now must be taken with a pinch of salt, there are no official confirmations.
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