1. Circle and Sony Block Solutions Labs Partnership
2. Soneium: A New Layer 2 Solution on Ethereum
3. Bridged USDC: A New Token Standard

Circle, issuer of the popular stablecoin USDC, and Sony Block Solutions Labs have announced a partnership to integrate USDC on the Soneium blockchain.

Circle and Sony Block Solutions Labs Partnership

Circle, the issuer of the stablecoin USDC, has partnered with Sony Block Solutions Labs, the developer behind the Ethereum Layer 2 network, Soneium. This collaboration will make Bridged USDC the primary token for value exchange on the Soneium blockchain.

Soneium: A New Layer 2 Solution on Ethereum

In August 2024, Sony Block Solutions Labs launched Soneium, a new Layer 2 solution on Ethereum, in partnership with Sony Group and the Web3 platform Startale Labs. The Layer 2 network will operate on optimistic rollups technology and aims to meet the growing demand for decentralized products.

Bridged USDC: A New Token Standard

The Bridged USDC Standard is a set of rules that establishes a compatible version of USDC on various Ethereum-based blockchains, including Soneium. The new standard will facilitate the use of USDC on the Soneium blockchain, providing users with a novel way to exchange value.

The collaboration between Circle and Sony Block Solutions Labs promises to unlock the innovative and creative potential of the digital era, making Bridged USDC a key element of the Soneium ecosystem.