Ethereum

Bridged USDC

Millions

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<ul class="wp-block-list news-points">
 <li>Circle partners with Sony Block Solutions Labs to foster innovation and creativity through Soneium.</li>
 <li>Soneium will integrate the Bridged USDC Standard, introducing Bridged USDC as a primary token.</li>
 <li>The coalition will help unlock the innovative and creative potential of the digital era.</li>
</ul>
Circle, issuer of the popular stablecoin USDC, <a href="https://www.circle.com/en/pressroom/circle-and-sony-block-solutions-labs-to-enable-usdc-on-soneium" target="_blank" rel="noopener noreferrer nofollow">inked a partnership</a> with Sony Block Solutions Labs, the developer behind the Ethereum Layer 2 network, Soneium. This collaboration will make Bridged USDC as the primary token for value exchange on the Soneium blockchain.
<h2 class="wp-block-heading" id="h-soneium-a-new-ethereum-layer-2-solution">Soneium: A New Ethereum Layer 2 Solution</h2>
In August 2024, Sony Block Solutions Labs <a href="https://coinedition.com/sonys-soneium-a-new-layer-2-solution-for-ethereum/" rel="noopener noreferrer nofollow">launched Soneium</a>, a novel L2 solution on Ethereum, in partnership with Sony Group and the Web3 platform Startale Labs. While the L2 network is to operate on the <a href="https://ethereum.org/en/developers/docs/scaling/optimistic-rollups/" target="_blank" rel="noopener noreferrer nofollow">optimistic rollups technology</a>, reports indicate the initiative is focused on meeting the growing demand for decentralized products.
<a href="https://coinedition.com/another-major-usdc-burn-circle-destroys-millions-of-stablecoins-again/" rel="noopener noreferrer nofollow">Read also: Another Major USDC Burn: Circle Destroys Millions of Stablecoins Again</a>
The <a href="https://www.circle.com/blog/bridged-usdc-standard" target="_blank" rel="noopener noreferrer nofollow">Bridged USDC Standard</a> is a set of rules that establishes a compatible version of USDC on various Ethereum-based blockchains, in this case, Soneium. Bridge…
The post <a href="https://coinedition.com/usdc-becomes-soneiums-primary-token-thanks-to-circle-deal/" rel="noopener noreferrer nofollow">USDC Becomes Soneium’s Primary Token, Thanks to Circle Deal</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

USDC Becomes Soneium’s Primary Token, Thanks to Circle Deal

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