According to the source, Sony, via its online banking division, has filed for a U.S. OCC national banking charter to offer crypto and stablecoin services, joining a cohort of applicants that includes Stripe, Coinbase, Paxos, and Circle. Based on the source's report, if the charter is approved, Sony could expand federally regulated fiat on/off ramps and stablecoin functionality, which traders often associate with deeper liquidity and tighter spreads in BTC and ETH spot pairs. According to the source, key watchpoints for traders include OCC review milestones, any stablecoin product announcements, and integration pathways with exchanges and wallets, which could influence stablecoin market share dynamics versus USDT and USDC and impact funding rates. Based on the source's report, monitoring parallel progress by the cited applicants (Stripe, Coinbase, Paxos, Circle) can help gauge the timeline and competitive pressure on U.S.-based crypto banking infrastructure.