Sony Singapore Then Lets Shoppers Pay in USDC Through Crypto.com

Customers in Singapore can now use crypto to pay for tools on the Sony Store Online. &nbsp,

In a speech on Tuesday, Sony Electronics Singapore said it has enabled USDC payments through blockchain change Crypto.com’s transaction service, marking the company’s primary native move into strong crypto transactions.

The element allows clients to check out using USDC, a cryptocurrency pegged to the U. S. money. It’s already exclusive to the Sony Store Online and accessible only via Crypto.com’s repayment method. &nbsp,

With$ 60.06 billion in circulation, USDC is the second-most prominent stablecoin, following Tether’s USDT at$ 144.02 billion, per CoinGecko. Circle, the firm behind USDC, filed an S-1 with the U. S. SEC, intending to get people via an Investor.

” We’re pushing to generate paying in crypto more mainstream”, Chin Tah Ang, General Manager of Crypto.com Singapore, said in the statement, adding that a company like Sony do help bolster awareness for crypto payment.

While confined to one crypto for today, Sony said it plans to add assistance for others in the future. Sony Singapore did not immediately respond to Decrypt’s request for comment.

The move comes amid a broader change within Sony’s worldwide activities toward cryptocurrency and Web3 systems.

Earlier this year, Sony debuted Soneium, a custom-built Ethereum layer-2 system created by its Singapore-based company Sony Block Solutions Labs. &nbsp,

While Soneium operates slowly in the background, it’s intended to support a wide range of bitcoin apply cases, spanning online collectibles, creator tools, and probably, in-game economies tied to Sony’s entertainment empire.

In September, during its testing period, Soneium included support for addressed USDC, positioning the sign as a go-to solution for transactions across apps built on the network. &nbsp,

Developers have since used Soneium to launch NFT collections, such as a soulbound drop celebrating Sony’s iconic Aibo robot, and early-stage games, with a growing catalog of consumer-facing tools.

Crypto.com, for its part, continues to expand its footprint globally. &nbsp,

Last month, it signed a non-binding agreement with Trump Media and Technology Group to launch crypto-focused ETFs, including offerings tied to Bitcoin ( BTC ) and its own Cronos ( CRO ) token.

Those funds are expected to go live on the Crypto.com platform following regulatory clearance.

CRO has jumped 8.5 % on the news to$ 0.10, CoinGecko data shows.