Sony Singapore has made a move towards embracing cryptocurrency by introducing USDC payments on its official online store, utilizing Crypto.com’s payment service.
This marks the first time Sony has directly integrated crypto transactions into its payment system, offering customers a digital alternative to conventional methods.
Currently, the online store supports only USDC, but Sony has indicated that more cryptocurrencies could be introduced in the future. The decision reflects a broader trend among major companies adopting digital assets as part of their payment options.
Crypto.com, known for its efforts to expand crypto payments globally, has been actively partnering with merchants to support seamless digital transactions.
Sony Singapore’s adoption of a stable, dollar-pegged cryptocurrency like USDC might encourage broader crypto usage across its other regional operations.
However, the company has not yet disclosed which additional cryptocurrencies might be added or when this expansion might take place.
Fidelity is making a bold move into the crypto space by offering new retirement accounts that let Americans invest in digital assets with minimal fees.
Robinhood CEO Vlad Tenev believes that the tokenization of traditional assets could play a key role in strengthening the position of the US equities market globally.
A stablecoin lost its peg to the US dollar on Wednesday morning, following allegations that the company behind it, based in Hong Kong, was facing bankruptcy.
Binance founder Changpeng Zhao (CZ), a key figure in the cryptocurrency world, recently shared his thoughts on artificial intelligence development through his X account, advising developers to be cautious when launching tokens.