Sony Singapore now accepts USDC payments through Crypto.com

Sony Singapore has announced that he would start to accept customer payments in USDC via Crypto.com. The company also plans to accept other cryptographic assets in the future.

From April 2, 11:00 am SST, Singaporean Users can start paying Sony electronic products in the circle stable USDC (USDC) exclusively on the Sony online store. Payments are facilitated by Crypto.com Via Crypto.com Pay, the established payment solution of the platform which allows users to make instant cryptography payments without network costs.

According to the official press releaseBy integrating the Crypto Exchange payment solution, Sony Electronics Singapore has become the first brand of consumer electronics in Singapore to associate itself with Crypto.com to make Possible Stablecoin payments for customers. In addition, the Sony Singapore plans to adopt more cryptographic active For payment options in the future in order to advance the adoption of cryptography in the country.

Singapore director of Singapore at Crypto.com, Chin Tah Ang said that the integration of newly established payments aimed at making crypto payments easier and more accessible to Sony customers, presenting the potential advantages that accompany Stablecoin transactions.

“We are pushing to make payment in crypto more common and we associate with a well-established and avant-garde brand like Sony Electronics Singapore sensitizes how it can be easy to pay for daily goods and services using crypto,” said Ang.

The USDC has become the second largest stablecoin in circulation by market capitalization. At the time of the press, USDC’s market capitalization amounts to $ 60 billion, only taking the market capitalization of $ 144 billion from the USDT. Circle Stablecoin has more than 60 billion stablescoins currently in circulation, according to data of crypto.News.

To drive more users to use USDC, the Sony Singapore online store offers two promotional programs for crypto.com users. The first 50 customers to spend at least $ 300 Singaporean dollars ($ 223) for USDC on the Sony online store via Crypto.com Pay will receive a free Linkbuds speaker worth 299 SGD.

Not only that, the first 150 customers to spend at least 100 USDC SGDs on the Sony online store will receive 20 USDC in their Crypto.com account. Sony Singapore customers who spent 300 SGDs on the Sony online store can be eligible for the two promotional programs.

Last February, Metro of the Singapore Metro department store chain announcement that it will start to accept the stable payments of customers in physical and online stores. Metro has teamed up with the Crypto DTCPay payment company to facilitate stable payments in USDT (USDT), USDC and Wusd.