Sony Boosts USDC Payments with Crypto.com Integration

Sony Boosts USDC Payments with Crypto.com Integration

Sony Electronics Singapore, a subsidiary of the global electronics giant Sony Corporation, operates the Sony Store Online, catering to consumers in Singapore for products like TVs, audio equipment, and gaming consoles.

The company has been increasingly involved in blockchain and Web3 technologies, notably launching Soneium, a custom-built Ethereum layer-2 network, earlier in 2025, as mentioned in Sony Singapore Now Lets Shoppers Pay in USDC Through Crypto.com – Decrypt. Soneium, developed by Sony Block Solutions Labs, aims to support use cases like digital collectibles, creator tools, and in-game economies, with USDC integrated during its testing phase in September 2024, as seen in Circle expands USDC stablecoin access to Sony’s blockchain, Brazil, Mexico – Ledger Insights.

Crypto.com, headquartered in Singapore, is a cryptocurrency exchange and wallet provider, offering services like trading, staking, and payments through Crypto.com Pay, a gateway for merchants to accept cryptocurrencies. This partnership aligns with Crypto.com’s global expansion, including recent deals like a non-binding agreement with Trump Media and Technology Group for crypto-focused ETFs, as noted in the Decrypt article.

On April 1, 2025, Sony Electronics Singapore announced in a press release, as reported by Sony Singapore now allows shoppers to pay with USDC via Crypto.com – ChainCatcher and Sony Singapore Just Started Accepting USDC via Crypto.com – Cryptonews, that it has enabled USDC payments exclusively on the Sony Store Online. USDC, issued by Circle and pegged to the US dollar, is a stablecoin with a circulating supply of around $35 billion, as per Circle to Expand USDC’s Scope Through New Sony Blockchain – PaymentsJournal, ensuring price stability for transactions.

The payment process, as detailed in Sony Electronics Partners With Crypto.com To Unlock USDC Payments In Singapore – Blockzeit, involves customers checking out using Crypto.com Pay, requiring them to have USDC in their Crypto.com account or wallet.

This integration ensures frictionless payments from their crypto balances on the exchange to the Sony Store Online, as mentioned in the Blockzeit article. Currently, this feature is limited to the online store and supports only USDC, though Sony has indicated plans to add support for other cryptocurrencies in the future, as seen in all articles.

To incentivize adoption, Sony launched two exclusive promotions until April 30, 2025, offering a free LinkBuds Speaker worth S$299 ($222.56 at prevailing rates) for the first 50 eligible users, as per the Blockzeit article, aiming to reward Crypto.com users and encourage usage.

Sony Singapore Now Lets Shoppers Pay in USDC Through Crypto.com – DecryptSony Singapore now allows shoppers to pay with USDC via Crypto.com – ChainCatcherSony Singapore Just Started Accepting USDC via Crypto.com – CryptonewsSony Electronics Partners With Crypto.com To Unlock USDC Payments In Singapore – Blockzeit https://crypublishx.com/binance-halts-usdt-trading-due-to-mica-crypto-rule/