This week we unpack why Sony is building its own USD-pegged stablecoin and what that signals for the next wave of corporate crypto adoption — from cutting out card networks to wiring entire entertainment ecosystems directly onto Ethereum.

• Why Sony is launching a stablecoin: fees, control, and building a private “payment highway” across PlayStation, Crunchyroll, and more.

• The global corporate stablecoin race: Sony vs. Asian tech giants like Naver and Kakao, and how regulators are shaping what’s possible.

• The tech stack and endgame: enterprise L2 rollups on Ethereum, upgrades like PureDAS, account abstraction, and how Chainlink CRE fits into a fragmented world of public L2s and private chains — plus the big risks for decentralization when companies control the ledger.

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