Circle, a stablecoin issuer and fintech firm, has partnered with Sony Block Solutions Labs to expand the adoption of USDC on its layer-2 blockchain called Soneium. On September 15, Circle announced that it has partnered with Sony’s blockchain division to integrate its Bridged USDC Standard and designate the stablecoin as one of Soneium’s underlying value exchange tokens.

Sony Block Solutions Labs President Jun Watanabe said the collaboration aligns with their vision to create a more connected and efficient digital ecosystem. Circle CEO Jeremy Allaire said the collaboration is a significant milestone in their mission to accelerate the adoption of stablecoins and blockchain technology.

Soneium is a public Ethereum layer-2 blockchain launched in August 2024 as a joint venture between Sony Group Corporation and Startale Labs. The Bridged USDC Standard is a specification and process for deploying a bridged form of the stablecoin on EVM-compatible blockchains.

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