Reading Time: 2 minutes
- Circle has partnered with Sony Block Solutions Labs to integrate USDC on the Soneium blockchain
- The integration will facilitate decentralized financial transactions and empower the creator economy
- This collaboration marks a step forward in expanding blockchain-based digital dollar payments
Circle and Sony Block Solutions Labs have announced a strategic collaboration aimed at integrating USDC on the new Soneium blockchain. This move is set to enhance digital dollar payments and empower creators using decentralized technologies. By integrating Bridged USDC on Soneium, the collaboration aims to unlock new opportunities for creators, driving innovation on Sony’s new blockchain.
Integration to Boost Creator Economy
The partnership, announced on Sunday, will see Circle’s USDC stablecoin become a key asset on Soneium, Sony’s new Ethereum layer 2 blockchain ecosystem. This integration allows creators to conduct seamless transactions and enables borderless value exchange.
Bridged USDC will act as a proxy for native USDC, simplifying digital payments for developers building decentralized apps on Soneium. “By integrating Circle’s infrastructure, we aim to redefine digital entertainment and finance,” said Jun Watanabe, Chairman of Sony Block Solutions Labs, who added that the collaboration aligns with the company’s vision of “creating a more interconnected and efficient digital ecosystem.”
Sony Adding the Big Players
Sony announced its Soneium blockchain last month and has wasted no time in hooking up with major players: earlier this month, Samsung announced an investment in Startale Labs, the developers of Soneium, and participattion in the Soneium Spark Incubation Program, which was announced just a few days later.
Circle Co-Founder and Chief Executive Officer, Jeremy Allaire, said that he was “thrilled to be partnering with Sony Block Solutions Labs to re-imagine how creativity and innovation are supported in the digital age,” adding that the collaboration “marks a significant milestone for Circle’s mission to accelerate the adoption of our stablecoins and blockchain technology, and empower creators to flourish through secure, user-friendly Web3 experiences.”
