Sony Starts Accepting USDC Stablecoin Payments on Its Singapore Online Store

Sony Starts Accepting USDC as Payment on Its Singapore Online Store

Sony Electronics Singapore, together with the crypto exchange Crypto.com, has introduced the possibility of settlements using cryptocurrency.

Jamie Crowley | Edited by Sheldon Rebeck April 2, 2025, 10:00 UTC

Important facts:

• Sony customers in Singapore can now use the USDC stablecoin on the company's online store.
• Sony Electronics Singapore is introducing cryptocurrency payments in partnership with crypto exchange Crypto.com.
• In June 2023, Crypto.com was licensed as a digital payment token service provider in Singapore.

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

Sony Electronics Singapore (SES) has launched cryptocurrency payments in partnership with cryptocurrency exchange Crypto.com, the two companies announced on Wednesday.

By subscribing, you will receive email notifications about CoinDesk products and you agree to our terms of use and privacy policy .

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

Singapore-based crypto exchange Crypto.com received approval as a Digital Payment Token (DPT) service provider in June 2023, allowing it to offer customers the option to pay using cryptocurrencies.

Источник