The partnership between both parties aim to bring bridged USDC as the foundation for value exchange on Soneium.

Global financial firm, Circle, has announced a strategic collaboration with Sony Block Solutions Labs to drive innovation on Soneium, a public Ethereum Layer-2 blockchain ecosystem. Through this initiative, Soneium will establish bridged USDC as one of the blockchain’s primary tokens for value exchange.

Bridged USDC serves as a proxy for native USDC held on Ethereum, enabling developers building on Layer-2 scaling solutions like Soneium to power digital dollar payments.

“By integrating Circle’s financial infrastructure with Soneium, we are set to redefine the landscape of
digital entertainment and finance,” said Jun Watanabe, Chairman of Sony Block Solutions Labs.
“This collaboration aligns ideally with our vision of creating a more interconnected and efficient digital
ecosystem. We are excited about the potential this partnership unlocks, not just for technological
advancement, but for delivering tangible benefits to Soneium and users worldwide.”

“We are thrilled to be partnering with Sony Block Solutions Labs to re-imagine how creativity and
innovation are supported in the digital age,” said Jeremy Allaire, Co-Founder and Chief Executive
Officer at Circle. “This collaboration marks a significant milestone for Circle’s mission to accelerate
the adoption of our stablecoins and blockchain technology, and empower creators to flourish through
secure, user-friendly Web3 experiences.”

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