Bridged USDC

One World

USDC

Standard

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/circle-and-sony-strengthen-usdc-adoption-through-strategic-partnership/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Circle and Sony Strengthen USDC Adoption Through Strategic Partnership</a> 
Financial technology firm Circle, the issuer of the USDC stablecoin, has partnered with Sony Group’s Singapore-based unit, Sony Blockchain Solutions Lab. This collaboration aims to expand the adoption of USDC, the second-largest stablecoin in the <a href="https://en.coin-turk.com/fetch-ai-and-singularitynet-the-rising-stars-of-the-ai-sector/" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a><a href="https://en.coin-turk.com/bitcoins-strong-stance-continues-to-influence-altcoins/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> market.
<h2 id="integration-of-bridged-usdc-standard">Integration of Bridged USDC Standard</h2>
In an announcement on September 15, Circle revealed that the Bridged USDC Standard will be integrated with Sony’s newly developed <a href="https://en.coin-turk.com/starknet-community-voting-and-airdrop-controversy/" data-wpel-link="internal" rel="noopener noreferrer nofollow">blockchain</a> protocol, Soneium. This integration will position USDC as the primary digital asset for transactions and value transfers on the platform.
Launched in August 2024, Soneium is a Layer-2 blockchain designed to scale the Ethereum network. The protocol aims to increase cryptocurrency ecosystem adoption by attracting application developers from sectors such as entertainment, gaming, and finance.
<h2 id="bridging-the-blockchains">Bridging the Blockchains</h2>
Circle stated that Bridged USDC offers flexibility to blockchains that integrate its infrastructure. According to the company, blockchains utilizing Bridged USDC can seamlessly transition to local USDC issuances in the future for a more robust financial ecosystem.
Jun Watanabe, head of Sony Blockchain Solutions Lab, expressed that integrating Circle’s stablecoin infrastructure aligns with their vision of creating a more connected ecosystem. Watanabe stated, “We are ready to reshape the landscape of digital entertainment and finance by integrating Circle’s financial infrastructure with Soneium.”
Circle CEO Jeremy Allaire noted that this agreement with Sony Blockchain Solutions Lab represents a significant step in promoting the adoption of the USDC stablecoin across various blockchains. He emphasized that this partnership is a milestone in their mission to accelerate the adoption of stablecoins and blockchain technology.
Circle has announced plans to open a new international office in New York to further increase global usage of the USDC stablecoin. The office, set to open in early 2025, will be located on the 87th floor of One World Trade Center in Manhattan.
This partnership between Circle and Sony Blockchain Solutions Lab aims to expedite the adoption of stablecoin technology and blockchain infrastructure across various sectors. The integration of USDC into the Soneium network offers developers the opportunity to easily incorporate digital dollar payments into their applications, contributing to a more connected and efficient global digital ecosystem.
The post <a href="https://en.coin-turk.com/circle-and-sony-strengthen-usdc-adoption-through-strategic-partnership/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Circle and Sony Strengthen USDC Adoption Through Strategic Partnership</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Circle and Sony Strengthen USDC Adoption Through Strategic Partnership

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