Crypto.com, the leading crypto exchange, announced that it cooperates with Sony Electronics. The stock market thus paved the way for opening to Singapore. Within the scope of cooperation, USDC will have a payment option in Sony’s online store. In particular, this strategic move is compatible with Crypto.com’s vision of global expansion. Therefore, it points to an important milestone for the stock market.
Crypto.com cooperates with Sony Electronics!
Singapore -based Sony Electronics began to accept Circle’s USDC Stablecoin for payments by cooperating with Crypto.com, one of the major crypto exchanges. According to an official press release, users will be able to shop from Sony Store Online using USDC. Interpreting the important development Crypto.com Singapore General Manager Chin Tah Ang, drew attention to the potential effects of the movement. According to him, the alliance aims to facilitate the crypto payments for Sony’s customers. Ang also made the following statement:
This payment integration will not only benefit our users to use their crypos in the real world, but we believe that adding a new and facilitated crypto payment method will expand the customer base.
Circle’s USDC recently became the first dollar -backed stablecoin approved under Japan’s regulatory organizer. Circle then announced that he had entered the Japanese crypto market.
Sony’s orientation to blockchain and web3
Interestingly, Sony’s cooperation with Crypto.com comes in the midst of the larger effort to explore the potential of Blockchain and web3 technologies. Kriptokoin.comAs you have followed, Sonyblock Sonyblock Solutions Labs, a Sony-based side organization, introduced Soneim, a Layer-2 network developed by Sonyblock Solutions Labs. This move underlines the company’s commitment to blockchain technology and a more integrated web3 ecosystem vision.
Sony currently supports USDC for crypto payments. However, the platform is considering adding more crypto currencies. This move came in the midst of USDC exporter Circle’s first public offering attempt. Circle offered the prospectus to the SEC and applied for the public offering.
Sony offers a special promotion to Crypto.com USDC users
As part of the partnership, Sony Store Online offers two promotional programs to attract more customers to Crypto.com users. According to the program, the platform will distribute linkbuds speaker worth 299 Singapore to the first 50 customers who spend at least $ 300 SGD ($ 223) USDC on the platform through Crypto.com.
In addition, the first 100 customers spending at least 150 SGDs on the USDC will receive a 20 USDC bonus in Crypto.com accounts. In particular, customers who make a 300 SGD shopping from the Sony online store can double their awards by qualifying for both promotions.
