Bridged USDC

One World

USDC

Partner

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/circle-and-sony-partner-to-expand-usdc-adoption-3/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Circle and Sony Partner to Expand USDC Adoption</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 broaden the adoption of USDC, the second-largest stablecoin in the <a href="https://en.coin-turk.com/wisdomtree-lists-bitcoin-and-ethereum-etps-on-london-stock-exchange/" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a><a href="https://en.coin-turk.com/bitcoin-and-ethereum-active-supply-hit-record-lows/" 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 dated September 15, Circle revealed that the Bridged USDC Standard will be integrated with Sony’s newly developed <a href="https://en.coin-turk.com/former-employee-faces-charges-in-alleged-1-9-million-pump-fun-attack/" data-wpel-link="internal" rel="noopener noreferrer nofollow">blockchain</a> protocol, Soneium. This integration will establish 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 enhance cryptocurrency ecosystem adoption by attracting application developers from sectors such as entertainment, gaming, and finance.
<h2 id="connecting-blockchains">Connecting Blockchains</h2>
Circle has stated that Bridged USDC offers flexibility to blockchains integrating the infrastructure into their platforms. According to the company, blockchains using Bridged USDC can smoothly transition to local USDC issuances 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, “By integrating Circle’s financial infrastructure with Soneium, we are ready to reshape the environment of digital entertainment and finance.”
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, emphasizing its importance in accelerating the acceptance of stablecoins and blockchain technology.
Circle also announced plans to open a new international office in New York to enhance global usage of the USDC stablecoin. This office is expected to be located on the 87th floor of One World Trade Center in Manhattan by early 2025.
The collaboration between Circle and Sony Blockchain Solutions Lab aims to accelerate the adoption of stablecoin technology and blockchain infrastructure across different sectors. Integrating USDC into the Soneium network provides developers with the opportunity to incorporate digital dollar payments into their applications, contributing to a globally connected and efficient digital ecosystem.
The post <a href="https://en.coin-turk.com/circle-and-sony-partner-to-expand-usdc-adoption-3/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Circle and Sony Partner to Expand USDC Adoption</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 Partner to Expand USDC Adoption

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