- Sony Singapore integrates USDC payments via Crypto.com, boosting crypto adoption in retail.
- Crypto.com enables USDC payments for Sony, marking a first for Singaporean electronics.
- Sony expands payment options with USDC, supporting Singapore’s crypto-friendly movement.
The online store of Sony Electronics in Singapore has proposed to accept USDC (USD Coin) payments for its products. In an official announcement, the firm had stated its integration with the Crypto.com payment platform. With this move, Sony would be the first consumer electronics brand in Singapore to use this payment method. Initiated on Wednesday (April 2), the new payment system seeks to make cryptocurrency transactions easier for everyday use following the rise of digital currency integration in standard payment systems.
Through this partnership, Crypto.com’s established payment infrastructure allows users to make quick and seamless payments using USDC without incurring network fees. Through stablecoin payment methods, Sony plans to expand its customer base for crypto-based transactions in the rapidly emerging Singapore crypto environment. According to Chin Tah Ang, who manages Crypto.com’s Singapore operations, this partnership will show customers will raise awareness of how to use digital currencies for daily purchases.
Expanding Crypto Adoption with Future Payment Options
The launch of USDC marks the starting point for Sony Singapore, although the company has declared its plans to support more digital currencies through future platform expansions. The move demonstrates Sony’s strategic goal to implement blockchain and cryptocurrency technologies across its business operations. The move by the company accompanies a developing pattern in Singapore as different businesses accept payment in stablecoins such as USDT (Tether). Notably, a department store in Singapore, Metro, has adopted stablecoin payment methods in February 2025, after the country demonstrated an increasing adoption of digital currencies.
The development comes as Singapore continues to try to position itself as a Web3 company and blockchain innovation hub. The country’s large number of cryptocurrency licenses has made it more attractive to crypto firms. In addition, the introduction of USDC payments to Sony’s online platform reinforces the region’s commitment to cryptocurrencies in mainstream commerce. By accepting USDC, a stablecoin backed by Circle with a market cap of $60 billion, Sony further positions itself as a forward-thinking player in the evolving digital economy.
Related: SEC Dismisses Cases Against Crypto.com and Leading Crypto Firms
Crypto.com’s Expanding Role in the Digital Economy
Sony Electronics Singapore partnering with Crypto.com demonstrates Crypto.com’s rapidly expanding position in worldwide payment systems. The corporate banking services offered by Crypto.com in Asia-Pacific through its partnership with Deutsche Bank reflect the company’s successful acquisition of multiple high-profile collaborations. Crypto.com extends its reach worldwide through its broad infrastructure that facilitates cryptocurrency payment adoption across Singapore and globally. The platform supports USDC transactions alongside its developments, including joint projects with Trump Media and Technology Group to establish crypto-based exchange-traded funds (ETFs).
