Stablecoin issuing Circle, in partnership with Sony Block Solution Labs has made bridged USDC one of the primary tokens on blockchain for value exchange.
Circle and Sony Block Solutions Labs have formed a partnership to extend the supported list. stablecoins Soneium is an open layer-2 network based on Ethereum.
On Sept. 16, press releaseSoneium said it would integrate Circle’s Bridged USDC Standard as part the partnership.USDCAs one of the first items available for exchange.
Bridged USDC Standard is a standard that allows developers to create a USDC version compatible with Ethereum Virtual Machines. The network “maintains optionality for a seamless upgrade to native issuance in the future,” Circle has not provided a timeline for the support of native USDC.
Jun Watanabe said that the partnership aligns with Sony Block Solutions Labs’ vision to create a new generation of block solutions. “more interconnected and efficient digital ecosystem.” Samsung Next Venture Capital, the South Korean tech giant’s venture capital arm, announced the partnership two weeks ago. announced Startale Labs in Singapore has made an investment to support its participation in Soneium Spark.
Sony introduced Soneium released a roadmap of three years for blockchain in late August. In the first year, Sony Music, Sony Pictures and Sony Bank will all be added. In the third and fourth years, enterprises and decentralized apps will be able to use the platform.
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Source: crypto.news
