{"id":171500,"date":"2024-09-16T11:07:32","date_gmt":"2024-09-16T11:07:32","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=171500"},"modified":"2024-09-16T11:07:35","modified_gmt":"2024-09-16T11:07:35","slug":"soneium-integrates-usdc-for-enhanced-value-transfer-on-sonys-layer-2-blockchain","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/soneium-integrates-usdc-for-enhanced-value-transfer-on-sonys-layer-2-blockchain\/","title":{"rendered":"Soneium Integrates USDC for Enhanced Value Transfer on Sony\u2019s Layer-2 Blockchain"},"content":{"rendered":"<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">TL;DR<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li><strong><span data-preserver-spaces=\"true\">Circle and Sony Block Solutions Labs partner<\/span><\/strong><span data-preserver-spaces=\"true\"> to integrate USDC on Soneium, Sony\u2019s Ethereum Layer-2 blockchain, enabling seamless, secure, and borderless transactions.<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">The integration<\/span><\/strong><span data-preserver-spaces=\"true\"> will use the Bridged USDC Standard, ensuring flexibility for future upgrades to native issuance.<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">This collaboration aims to<\/span><\/strong><span data-preserver-spaces=\"true\"><span data-preserver-spaces=\"true\"> foster innovation and creativity, empowering developers and creators in the digital entertainment and finance sectors.<\/span><\/span><br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify\"><strong><span data-preserver-spaces=\"true\">Circle and Sony Block Solutions Labs have <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.circle.com\/en\/pressroom\/circle-and-sony-block-solutions-labs-to-enable-usdc-on-soneium\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">announced <\/span><\/a><span data-preserver-spaces=\"true\">a strategic partnership to integrate USD Coin (<a href=\"https:\/\/crypto-economy.com\/stablecoins\/\" target=\"_blank\" rel=\"noopener\">USDC<\/a>) on Soneium<\/span><\/strong><span data-preserver-spaces=\"true\">, Sony\u2019s Ethereum Layer-2 blockchain. This collaboration aims to revolutionize the digital economy by enabling seamless, secure, and borderless transactions.<\/span><!--more--><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re excited to announce our collaboration with Sony Block Solutions Labs to bring bridged USDC on Soneium via our Bridged USDC Standard! This marks a significant milestone to set the stage for a new era of creativity in the Web3 space.<\/p>\n<p>Read more about the collaboration here:\u2026 <a href=\"https:\/\/t.co\/0IRxrXhf5P\" target=\"_blank\">pic.twitter.com\/0IRxrXhf5P<\/a><\/p>\n<p>&mdash; Circle (@circle) <a href=\"https:\/\/twitter.com\/circle\/status\/1835515181600067849?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 16, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">Circle, the issuer of the popular stablecoin USDC, has teamed up with Sony Block Solutions Labs to bring USDC to Soneium. <\/span><strong><span data-preserver-spaces=\"true\">This integration will make USDC the primary token for value exchange<\/span><\/strong><span data-preserver-spaces=\"true\"> on the Soneium <a href=\"https:\/\/crypto-economy.com\/blockchain-technology\/\" target=\"_blank\" rel=\"noopener\">blockchain<\/a>. <\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">The partnership fosters innovation and creativity, empowering developers and creators to leverage decentralized technologies for a more interconnected and efficient digital ecosystem.<\/span><\/p>\n<h2 style=\"text-align: left\"><span data-preserver-spaces=\"true\">Bridged USDC Standard on Soneium<\/span><\/h2>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-171563\" src=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/09\/SoneiumUSDC.jpg\" alt=\"Soneium Integrates USDC for Enhanced Value Transfer on Sony\u2019s Layer-2 Blockchain\" width=\"825\" height=\"300\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/09\/SoneiumUSDC.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/09\/SoneiumUSDC-300x109.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/09\/SoneiumUSDC-768x279.jpg 768w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<p style=\"text-align: justify\"><strong><span data-preserver-spaces=\"true\">The integration will utilize the Bridged USDC Standard<\/span><\/strong><span data-preserver-spaces=\"true\">, a specification for deploying a bridged form of USDC on Ethereum Virtual Machine (EVM)-compatible blockchains. <\/span><strong><span data-preserver-spaces=\"true\">Bridged USDC is a proxy for native USDC held on Ethereum<\/span><\/strong><span data-preserver-spaces=\"true\">, enabling developers to power their applications with digital dollar payments. <\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">This approach ensures that Soneium maintains the flexibility for a seamless upgrade to native issuance. By integrating USDC, Soneium aims to unlock new opportunities for creators and users. <\/span><\/p>\n<p style=\"text-align: justify\"><strong><span data-preserver-spaces=\"true\">The blockchain will support diverse needs across various verticals<\/span><\/strong><span data-preserver-spaces=\"true\">, simplifying blockchain experiences while empowering developers, creators, and communities. <\/span><strong><span data-preserver-spaces=\"true\">The collaboration is expected to redefine the landscape<\/span><\/strong><span data-preserver-spaces=\"true\"> of digital entertainment and finance, delivering tangible benefits to users worldwide.<\/span><\/p>\n<h2 style=\"text-align: left\"><span data-preserver-spaces=\"true\">Statements from Leaders<\/span><\/h2>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">Jun Watanabe, Chairman of Sony Block Solutions Labs, expressed his excitement about the partnership, stating: <\/span><\/p>\n<blockquote>\n<p style=\"text-align: center\"><span data-preserver-spaces=\"true\">\u201cBy integrating Circle\u2019s financial infrastructure with Soneium, we are set to redefine the landscape of digital entertainment and finance. This collaboration aligns ideally with our vision of creating a more interconnected and efficient digital ecosystem.\u201d<\/span><\/p>\n<\/blockquote>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">Jeremy Allaire, Co-Founder and CEO of Circle, added: <\/span><\/p>\n<blockquote>\n<p style=\"text-align: center\"><span data-preserver-spaces=\"true\">\u201cWe are thrilled to be partnering with Sony Block Solutions Labs to re-imagine how creativity and innovation are supported in the digital age. This collaboration marks a significant milestone for Circle\u2019s mission to accelerate the adoption of our stablecoins and blockchain technology.\u201d<\/span><\/p>\n<\/blockquote>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">The integration of USDC on Soneium represents a significant step towards a more decentralized and efficient digital economy. By leveraging the strengths of both Circle and Sony Block Solutions Labs, this partnership is poised to drive innovation and creativity, empowering users and creators in the digital age.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Circle and Sony Block Solutions Labs partner to integrate USDC on Soneium, Sony\u2019s Ethereum Layer-2 blockchain, enabling seamless, secure, and borderless transactions. The integration will use the Bridged USDC Standard, ensuring flexibility for future upgrades to native issuance. This collaboration aims to foster innovation and creativity, empowering developers and creators in the digital entertainment &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Soneium Integrates USDC for Enhanced Value Transfer on Sony\u2019s Layer-2 Blockchain\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/soneium-integrates-usdc-for-enhanced-value-transfer-on-sonys-layer-2-blockchain\/#more-171500\" aria-label=\"More on Soneium Integrates USDC for Enhanced Value Transfer on Sony\u2019s Layer-2 Blockchain\">Read more<\/a><\/p>\n","protected":false},"author":32,"featured_media":171564,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102,84,74],"tags":[4620,5090,5170,5060],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/171500"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=171500"}],"version-history":[{"count":2,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/171500\/revisions"}],"predecessor-version":[{"id":171567,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/171500\/revisions\/171567"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/171564"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=171500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=171500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=171500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}