"Sony Bank said on July 7 it had received conditional approval from the U.S. Office of the Comptroller of the Currency to establish a national trust bank subsidiary in the U.S, a step tied to the Japanese online bank's consideration of issuing and managing U.S. dollar-denominated stablecoins. The bank said it plans a 2027 opening of the U.S. trust subsidiary, on the premise of obtaining the necessary approvals from Japanese and U.S. authorities. The planned business relates to stablecoin issuance and operations in the U.S. market."