Sony's blockchain partner launches institutional-grade stablecoin as the default settlement currency for Ethereum layer-2 platform Soneium alongside a rewards program called STAR Points that incentivizes transactions through the Startale App. Stablecoin platform M0 is providing the underlying infrastructure for Startale USD (USDSC). The launch follows Japan's financial regulator approving a yen-stablecoin pilot from the country's three megabanks earlier this month.