Circle and Sony Block Solutions Labs collaborate to launch Bridged USDC on Soneium, enhancing blockchain-based transactions.
Soneium integrates Bridged USDC to support global digital payments and boost decentralized finance and entertainment industries.
Circleâs Bridged USDC standard offers developers seamless integration for digital dollar payments on Ethereum layer 2 blockchain Soneium.
Circle, a leading financial technology firm, has announced a collaboration with Sony Block Solutions Labs to bring Bridged USDC to Soneium, an Ethereum layer 2 blockchain. This integration will make Bridged USDC one of Soneium's primary tokens for transactions, aiming to boost creativity and innovation within the Web3 space. Circleâs Bridged USDC Standard is set to play a key role in expanding decentralized technology applications on the blockchain, benefiting users globally.
https://twitter.com/circle/status/1835515181600067849
Soneium Adopts Bridged USDC as Core Payment System
Soneium, a general-purpose blockchain, will integrate Circleâs Bridged USDC Standard to facilitate seamless, borderless transactions. Bridged USDC is a proxy for native USDC on Ethereum and serves as a key tool for developers working on layer 2 blockchains like Soneium.Â
This integration will allow digital creators and businesses to power their apps using digital dollar payments. Circleâs implementation process for Bridged USDC on Ethereum Virtual Machine (EVM)-compatible blockchains ensures that Soneium is prepared for future upgrades, including native USDC issuance.
This is a forward step in Soneiumâs goal of supporting diverse applications across industries, fostering a decentralized economy. By making Bridged USDC central to value exchange on the blockchain, Soneium is set to unlock new opportunities for creators and users globally. This move positions the blockchain as a key player in the decentralized finance and entertainment space.
Collaboration to Strengthen Digital Ecosystems
This collaboration with Circle aligns with Sony Block Solutions Labs' long-term vision of a connected, efficient digital ecosystem. Jun Watanabe, Chairman of Sony Block Solutions Labs, highlighted that integrating Circleâs financial infrastructure will enhance the digital entertainment and finance sector. The partnership aims to offer technological benefits to both Soneium and its users worldwide, boosting the efficiency of decentralized transactions.
By leveraging decentralized technology, this collaboration is expected to enhance Soneiumâs ecosystem, providing secure and user-friendly experiences in the Web3 era.
Bridged USDC Expands Utility on Layer 2 Blockchain
Jeremy Allaire, Co-Founder and CEO of Circle, emphasized the importance of the partnership in driving innovation. The introduction of Bridged USDC on Soneium is a milestone for Circleâs mission to expand the adoption of stablecoins and blockchain technology. By integrating Circleâs Bridged USDC Standard, Soneium enables developers to power apps with digital payments, further advancing the blockchainâs capabilities.
