Circle and Sony Partnership Boosts USDC Adoption on Soneium with Cross-Chain Integration

On September 16, stablecoin issuer Circle and Sony Block Solutions Labs announced a strategic partnership to enable USDC functionality on Soneium, according to COINOTAG. The collaboration aims to integrate the cross-chain USDC (also known as Bridged USDC) standard, positioning it as a primary token for value exchange within the network. This cross-chain functionality will allow Bridged USDC to act as a substitute for native USDC on Ethereum, facilitating developers operating on Layer 2 platforms, like Soneium, to implement USDC payments seamlessly in their applications. This initiative represents a significant step towards enhancing the interoperability and utility of USDC across different blockchain ecosystems.