{"id":37848,"date":"2024-09-16T07:39:08","date_gmt":"2024-09-16T07:39:08","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/circle-and-sony-block-solutions-labs-partner-to-enable-usdc-on-soneium\/"},"modified":"2024-09-16T07:39:08","modified_gmt":"2024-09-16T07:39:08","slug":"circle-and-sony-block-solutions-labs-partner-to-enable-usdc-on-soneium","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/circle-and-sony-block-solutions-labs-partner-to-enable-usdc-on-soneium\/","title":{"rendered":"Circle and Sony Block Solutions Labs partner to enable USDC on Soneium"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1678708678161-712ed1f1-dd7f-4d22-8894-dc072026c047-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1678708678161-712ed1f1-dd7f-4d22-8894-dc072026c047-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1678708678161-712ed1f1-dd7f-4d22-8894-dc072026c047-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1678708678161-712ed1f1-dd7f-4d22-8894-dc072026c047-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Circle and Sony Block Solutions Labs partner to bring USDC on Soneium.<\/span><\/li>\n<li><span style=\"font-weight: 400\">The Ethereum layer 2 will integrate bridged USDC, allowing users and developers to tap into borderless transactions and digital dollar payments.<\/span><\/li>\n<li><span style=\"font-weight: 400\">USDC will help the creator economy on Soneium and the web3 ecosystem, the companies said in a press release.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Circle, <a href=\"https:\/\/coinjournal.net\/news\/circle-becomes-first-stablecoin-issuer-to-secure-license-under-eus-mica-regulations\/\">issuer of stablecoin USDC<\/a>, is partnering with Sony to bolster the creator ecosystem on the recently launched Ethereum layer 2 solution Soneium.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The strategic partnership is between Circle and Sony Block Solutions Labs, Sony Group\u2019s blockchain infrastructure company that <a href=\"https:\/\/coinjournal.net\/news\/sony-launches-soneium-blockchain-to-drive-mainstream-web3-adoption\/\">launched Soneium in August<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Soneium launched its Minato testnet and the Spark incubation program in late August and has partnered several other industry players amid its vision of empowering developers and bringing web3 to the mainstream.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cThis collaboration marks a significant milestone for Circle\u2019s mission to accelerate the adoption of our stablecoins and blockchain technology, and empower creators to flourish through secure, user-friendly web3 experiences,\u201d Jeremy Allaire, co-founder and chief executive officer at Circle, said in a <a href=\"https:\/\/www.circle.com\/en\/pressroom\/circle-and-sony-block-solutions-labs-to-enable-usdc-on-soneium\" target=\"_blank\" rel=\"noopener\">press release<\/a>.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Bridged USDC on Soneium<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Sony Block Solutions Labs\u2019 collaboration with Circle aims at bringing USDC to developers and users on Soneium. In this case, the layer 2 is adopting bridged USDC as one of its primary value exchange tokens.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The integration will see users leverage the stablecoin to unlock new opportunities across the layer 2\u2019s ecosystem, including enabling cross-border transactions and deployment of decentralised applications.<\/span><\/p>\n<p><span style=\"font-weight: 400\">With bridged USDC as proxy for native USDC on Ethereum, developers can tap into key stablecoin features and benefits to build on L2 networks. For Soneium users, this includes using USDC to power dApps with digital dollar payments.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cBy integrating Circle\u2019s financial infrastructure with Soneium, we are set to redefine the landscape of digital entertainment and finance,\u201d Jun Watanabe, Chairman of Sony Block Solutions Labs, said.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Notably, Soneium\u2019s integration of a bridged version of the stablecoin means it could later upgrade to native issuance.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As highlighted above, Sony Block Solutions Labs has struck several key partnerships as it looks to further accelerate web3 growth. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Other than Circle, Soneium launch partners include Astar Network, Chainlink, Alchemy, Optimism and The Graph. The L2 has also <a href=\"https:\/\/coinjournal.net\/news\/sonys-soneium-blockchain-partners-with-transak-for-fiat-on-ramp-services\/\">partnered with Transak<\/a> to bring fiat currency payments to the network.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/circle-and-sony-block-solutions-labs-partner-to-enable-usdc-on-soneium\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Circle and Sony Block Solutions Labs partner to bring USDC on Soneium. The Ethereum layer 2 will integrate bridged USDC, allowing users and developers to tap into borderless transactions and digital dollar payments. USDC will help the creator economy on Soneium [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":37849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/37848"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=37848"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/37848\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/37849"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=37848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=37848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=37848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}