Sony has taken a big step into the crypto space by allowing USDC payments on its online store in Singapore. The company has partnered with Crypto.com to make this possible, offering a seamless way for customers to purchase electronics using the stablecoin. This move aligns with Sony’s growing interest in Web3, following the launch of its own blockchain, Soneium.
Sony highlighted the rising popularity of crypto payments, especially among younger, tech-savvy customers. By accepting USDC, the company is keeping up with the latest fintech trends and making digital transactions more accessible.
Crypto.com’s General Manager, Chin Tah Ang, believes this initiative will help push crypto into mainstream use. He noted that Sony’s large customer base could drive awareness about crypto transactions and make digital payments more widely accepted.
For now, USDC payments are only available to Sony Store Online customers in Singapore. However, Sony has hinted at expanding its crypto payment options by adding more digital currencies. It remains unclear if the company will roll out crypto payments in other countries.
Stablecoins like USDC are gaining attention worldwide, with corporations and governments exploring their use for everyday payments. Alongside USDC, other popular stablecoins include USDT and Binance USD.
In September 2024, Sony Block Solutions Labs (Sony BSL) partnered with Circle, the issuer of USDC, positioning the token as a key part of the Soneium blockchain. At the time, Circle’s CEO, Jeremy Allaire, called this partnership a major milestone for the crypto industry.
With this latest development, Sony is bringing cryptocurrency payments closer to mainstream adoption, making it easier for customers to use digital assets for real-world purchases.
By
