- Circle partners with Sony Block to integrate Bridged USDC Standard.
- Soneium aims to simplify blockchain experiences, empowering developers.
- Sonium recently joined with Chainlink granting access to Chainlink Data Feeds.
Circle, a global financial technology leader, has partnered with Sony Block Solutions Labs. This partnership aims to enhance innovation and creativity through decentralized technologies by utilizing Soneium, a public Ethereum Layer-2 blockchain ecosystem.
The collaboration will integrate the Bridged USDC Standard, positioning bridged USDC as one of the primary tokens for value exchange within Soneium’s ecosystem.
On August 23rd, Sony launched the public test net for Soneium, its Ethereum Layer-2 blockchain developed with Startable Labs. Built using Optimism’s OP Stack, Soneium Minato offers developers seamless Ethereum compatibility, reduced transaction fees, and enhanced security.
It also aims to bridge Web3 and Web2, fostering innovation in decentralized applications. By integrating bridged USDC, Soneium is set to unlock new opportunities for developers and users.
Moreover, Bridged USDC is a specification for deploying USDC in a bridged form on Ethereum Virtual Machine (EVM)-compatible blockchains like Soneium. This bridged USDC also acts as a proxy for native USDC held on Ethereum, allowing developers to easily integrate digital dollar payments into their applications.
Industry Leaders Highlighting The Partnership
In addition, Jun Watanabe, Chairman of Sony Block Solutions Labs, expressed his excitement about the collaboration,
“By integrating Circle’s financial infrastructure with Soneium, we are set to redefine the landscape of digital entertainment and finance. We see immense potential in the partnership, not just for technological advancement, but for delivering tangible benefits to Soneium and its global user base.”
Jeremy Allaire, Co-Founder and CEO of Circle, echoed this sentiment:
“This partnership is a key milestone in Circle’s mission to speed up the adoption of stablecoins and blockchain technology, empowering creators to succeed through secure and user-friendly Web3 experiences.”
Recently, Chainlink announced that Soneium, Sony Block Solutions Labs’ Ethereum layer 2 blockchain, has joined the Chainlink Scale program. Further, it grants access to Chainlink Data Feeds and integrates Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This step reflects its expanded vision in blockchain development enhancing the sector to further highs.
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