Overview

• Sony Electronics Singapore has introduced USDC payments for its online store, available exclusively through Crypto.com’s payment system.
• USDC, a stablecoin pegged to the U.S. dollar, is the second-largest stablecoin globally with $60.06 billion in circulation.
• Sony plans to expand support for additional cryptocurrencies in the future, enhancing its integration of blockchain technologies.
• This initiative aligns with Sony's blockchain strategy, including its Soneium Ethereum layer-2 network, which supports NFTs and gaming applications.
• Crypto.com continues its global expansion, recently signing an agreement with Trump Media and Technology Group to develop crypto-focused ETFs.