Share this article

Sony Begins Accepting USDC Payments in Its Singapore Online Store

Sony Electronics' Singapore has added cryptocurrency payments in partnership with crypto exchange Crypto.com.

Night view of Singapore from the habor. (Larry Teo/Unsplash)
(Larry Teo/Unsplash)

What to know:

  • Sony customers in Singapore can now use stablecoin USDC in the electronic giant's online store.
  • Sony Electronics' Singapore is offering cryptocurrency payments in partnership with crypto exchange Crypto.com
  • Crypto.com won approval as a provider of Digital Payment Token services in the city state in June 2023.

Sony customers in Singapore can now use the USDC stablecoin in its online store.

Sony Electronics' Singapore (SES) has integrated cryptocurrency payments in partnership with crypto exchange Crypto.com, the two firms said Wednesday.

jwp-player-placeholder
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

Stablecoins are cryptocurrencies whose value is pegged to a real-world asset, such as the U.S. dollar or gold. USDC, issued by Circle, is the second-largest dollar-backed token, trailing only Tether's USDT in size.

Headquartered in Singapore, Crypto.com won approval as a provider of Digital Payment Token (DPT) services in the city state in June 2023, allowing it to provide crypto payments to clients.

Jamie Crawley

Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.

Jamie Crawley

More For You

Multisig Failures Dominate as $2B Is Lost in Web3 Hacks in the First Half

Alt

A wave of multisig-related hacks and operational misconfiguration led to catastrophic losses in the first half of 2025.

What to know:

  • Over $2 billion was lost to Web3 hacks in the first half of the year, with the first quarter alone surpassing 2024’s total.
  • Multisig wallet mismanagement and UI tampering caused the majority of major exploits.
  • Hacken urges real-time monitoring and automated controls to prevent operational failures.