Bridged USDC

One World

USDC

Standard

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/circle-partners-with-sony-to-accelerate-usdc-adoption/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Circle Partners with Sony to Accelerate 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 expand the adoption of USDC, the second-largest stablecoin in the <a href="https://en.coin-turk.com/crypto-analyst-forecasts-downtrend-for-litecoin/" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a><a href="https://en.coin-turk.com/impact-of-us-data-on-bitcoin-latest-developments-in-the-cryptocurrency-market/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> market.
<h2 id="integration-of-the-bridged-usdc-standard">Integration of the 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 blockchain 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 attract application developers from sectors such as entertainment, gaming, and finance to enhance the adoption of the <a href="https://en.coin-turk.com/experts-predict-record-target-for-bitcoin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto</a> ecosystem.
<h2 id="combining-blockchain-technologies">Combining Blockchain Technologies</h2>
Circle stated that the Bridged USDC offers flexibility for blockchains that incorporate its infrastructure. According to the company, blockchains using Bridged USDC can seamlessly transition to native USDC issuances in the future, fostering 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 interconnected 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 is a significant step in promoting USDC adoption across various blockchains, stating, “This collaboration is a pivotal milestone in our mission to accelerate the adoption of our stablecoins and blockchain technology.”
Circle has announced plans to open a new international office in New York to increase the global use of the USDC stablecoin. The office is set to open in early 2025 on the 87th floor of One World Trade Center in Manhattan.
This partnership between Circle and Sony Blockchain Solutions Lab aims to accelerate the adoption of stablecoin technology and blockchain infrastructure across different sectors. The integration of USDC into the Soneium network provides developers with the opportunity to incorporate digital dollar payments into their applications, contributing to a more connected and efficient digital ecosystem globally.
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Circle Partners with Sony to Accelerate USDC Adoption

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