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Latest News

Keep up with what's happening in the crypto world in real-time.

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cover-imageBitcoinist
April 5, 2024

Sony Bank Leverages Polygon Blockchain For Stablecoin Pilot Program

According to local media reports in Japan, Sony Bank announced its foray into the stablecoin world, launching a trial to issue its fiat-linked digital currency. In collaboration with blockchain company SettleMint, one of the most notable aspects of the pilot program is that the trial will take place on the Polygon blockchain.

Positive
cover-imageCoinspeaker
April 5, 2024

Sony Bank to Conduct Stablecoin Trial on Polygon

Sony Bank, one of the largest online banks in Japan and a subsidiary of Sony Group Corp (TYO: 6758) has reportedly started stablecoin issuance experimentation. Crucially, the bank said it plans to collaborate with SettleMint, a Belgium-based blockchain company to perform stablecoin trials on the Polygon blockchain.

Positive
cover-imageBitcoin
April 5, 2024

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.

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cover-imageCrypto Headlines
April 5, 2024

Mixed Signals from Polygon (MATIC) Price

Polygon (MATIC) is displaying a complex pattern, with more activity from large investors (whales) but fewer daily active users. This combination of on-chain data suggests that sentiment in the market is uncertain.

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