Sony Bank Gets Conditional OCC Approval to Build a US Dollar Stablecoin Trust Bank

Sony Bank's Connectia Trust would issue dollar-pegged stablecoins under a US national trust charter — the same path Circle, Ripple and Paxos took in a fast-growing wave of OCC approvals — over the objections of US banking trade groups. The post Sony Bank Gets Conditional OCC Approval to Build a US Dollar Stablecoin Trust Bank appeared first on Unchained.