Sony Bank has partnered with the Japanese yen stablecoin JPYC, allowing users to purchase JPYC directly from their bank accounts.

CoinFeed reported on March 3rd that JPYC, the issuer of the Japanese yen stablecoin, announced it has signed a basic strategic business cooperation agreement with Sony Bank to collaborate on services utilizing JPYC. BlockBloom, Sony Bank's Web3 subsidiary, will also participate in the collaboration, aiming to build a seamless new mechanism connecting banking infrastructure, stablecoins, and the entertainment sector. Specifically, the two companies are exploring providing real-time account transfer functionality on JPYC's "JPYC EX" platform. Once implemented, this function will allow users to directly purchase JPYC from their Sony Bank accounts without additional transfers. Furthermore, the two companies will explore collaborations with entertainment IPs such as music and games, aiming to create a new experience that integrates payment and fan interaction.