Sony Singapore Now Lets Shoppers Pay in USDC Through Crypto.com

Shoppers in Singapore can now use crypto to pay for gadgets on the Sony Store Online. 

In a statement on Tuesday, Sony Electronics Singapore said it has enabled USDC payments through crypto exchange Crypto.com’s payment service, marking the company’s first local move into direct crypto transactions.

The feature allows customers to check out using USDC, a stablecoin pegged to the U.S. dollar. It’s currently exclusive to the Sony Store Online and available only via Crypto.com’s payment system. 

With $60.06 billion in circulation, USDC is the second-most prominent stablecoin, following Tether’s USDT at $144.02 billion, per CoinGecko. Circle, the company behind USDC, filed an S-1 with the U.S. SEC, intending to go public via an…

Source link