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Sony Bank Clears OCC Hurdle for Dollar Stablecoin - Decrypt
The lender's new US subsidiary, Connectia Trust, would issue a dollar-pegged stablecoin once it clears the regulator's final conditions.
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cryptobriefing.com
Sony Bank secures OCC approval to establish Connectia Trust for stablecoin issuance
Sony Bank received OCC preliminary approval to establish Connectia Trust, a national trust bank for issuing dollar-backed stablecoins, targeting 2027
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theblock.co
Sony Bank gets conditional OCC approval for US trust bank to issue dollar-backed stablecoin
The trust bank subsidiary, Connectia Trust, is expected to issue and manage a dollar-backed stablecoin, pending final approval.
