Japanese electronics giant Sony Group announced the launch of Ethereum's second-layer network Soneium on August 23, announcing that it will fully integrate its huge territory of games, music, film and television industries in the future. Soneium based on OP Stack has also recently announced Collaborate on multiple projects.
Cooperate with Circle to introduce USDC
Just today (16th), Circle, the issuer of the stablecoin USDC, also announced a strategic cooperation with Sony Block Solutions Labs to introduce USDC to the Soneium network.
According to the press release, Soneium will integrate Bridged USDC Standard and establish it as one of the main value exchange tokens on the blockchain. It is understood that Bridged USDC Standard is a specification and process designed for deploying Bridged USDC on blockchains compatible with the Ethereum Virtual Machine (EVM), allowing developers to easily deploy on second-layer blockchains such as Soneium. Enable digital dollar payments.
Regarding this cooperation, Circle co-founder and CEO said:
We are excited to partner with Sony Block Solutions Labs to reimagine how creativity and innovation can be supported in the digital age. This partnership is an important milestone for Circle in promoting the adoption of stablecoins and blockchain technology, and will empower creators to thrive through a secure and easy-to-use Web3 experience.
Jun Watanabe, CEO of Sony Block Solutions Labs, also said:
By integrating Circle's financial infrastructure, we will redefine the landscape of digital entertainment and finance. This collaboration perfectly aligns with our vision to build a more efficient and connected digital ecosystem. We look forward to this cooperation not only promoting technological progress, but also bringing practical benefits to Soneium and global users.
Will cryptocurrency payments be used in the future?
On the other hand, through cooperation with Circle, Sony Block Solutions Labs CEO Jun Watanabe said that "it will redefine the landscape of digital entertainment and finance." According to data from Futu Niu Niu, Sony Group’s current main businesses are “games and network services, entertainment technology and services, and financial services.” The revenue of these three businesses accounts for approximately 65% of the company’s overall revenue.
Is PS5 expected to support USDC?
We know that every time the Sony Group's PlayStation series of game consoles are released, gamers around the world rush to buy them. With the convenience of online purchases in recent years, game purchases have gradually turned to digital payments , and the PlayStation Game Mall is currently the most widely used place for digital payments in the Sony Group.
The author speculates that Sony Group has actively deployed the blockchain ecosystem in the past two years and cooperated with USDC publisher Circle on payment applications. If blockchain is further integrated into the company's business in the future, players may see "cryptocurrency" in the PlayStation payment pipeline. Payment option.
