Ethereum

Bridged USDC

USDC

Standard

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/circle-and-sony-group-collaborate-to-expand-usdc-adoption/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Circle and Sony Group Collaborate to Expand USDC Adoption</a><br></p>
<p style="text-align: justify">Financial technology company 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/crypto-sector-sees-significant-investment-surge-in-early-2024/" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a><a href="https://en.coin-turk.com/whale-sends-8-7-million-in-ethereum-to-binance-analysts-weigh-in-on-bitcoins-future/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> market.</p>
<h2 id="integration-of-bridged-usdc-standard">Integration of Bridged USDC Standard</h2>
<p style="text-align: justify">In an announcement dated September 15, Circle revealed that the Bridged USDC Standard would be integrated with Sony’s newly developed <a href="https://en.coin-turk.com/base-surpasses-8-billion-dollars-in-total-value-locked/" data-wpel-link="internal" rel="noopener noreferrer nofollow">blockchain</a> protocol, Soneium. This integration will make USDC the primary digital asset for transactions and value transfers on the platform.</p>
<p style="text-align: justify">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 like entertainment, gaming, and finance.</p>
<h2 id="connecting-blockchains">Connecting Blockchains</h2>
<p style="text-align: justify">Circle explained that Bridged USDC offers flexibility to blockchains integrating it into their infrastructure. According to the company, blockchains using Bridged USDC can seamlessly transition to native USDC issuances in the future for a more robust financial ecosystem.</p>
<p style="text-align: justify">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.”</p>
<p>The post <a href="https://en.coin-turk.com/circle-and-sony-group-collaborate-to-expand-usdc-adoption/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Circle and Sony Group Collaborate 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>.</p>

Circle and Sony Group Collaborate to Expand USDC Adoption

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