Unicorn
September 16, 2024
Unicorn News: The Latest in Digital Assets - September 16, 2024
Circle and Sony Block Solutions Labs have announced a partnership to integrate USDC on the Ethereum layer 2 solution, Soneium. This collaboration aims to enhance digital finance and entertainment by enabling seamless, borderless transactions and fostering the creator economy.
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) Introduction(
) Circle and Sony Partner to Enable USDC on Soneium, Expanding Digital Finance and EntertainmentCircle and Sony Block Solutions Labs have announced a partnership to integrate the USDC stablecoin into the Ethereum layer 2 solution, Soneium. This collaboration aims to facilitate borderless transactions and digital dollar payments, significantly enhancing the creator economy on Soneium and the broader web3 ecosystem. Jeremy Allaire, co-founder and CEO of Circle, described this as a major milestone in promoting the adoption of stablecoins and blockchain technology. Jun Watanabe, Chairman of Sony Block Solutions Labs, highlighted that this integration will transform the digital entertainment and finance sectors. The integration of bridged USDC on Soneium will enable seamless, secure, and global transactions, supporting a decentralized global economy. Soneium, which recently launched its Minato testnet and Spark incubation program, has also partnered with industry leaders such as Astar Network, Chainlink, Alchemy, Optimism, and The Graph, and has collaborated with Transak to facilitate fiat currency payments on the network.
Sources
1 https://coinjournal.net/news/circle-and-sony-block-solutions-labs-partner-to-enable-usdc-on-soneium/
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