Singapore-based cryptocurrency exchange company Crypto.com and electronic equipment firm Sony Electronics (Singapore) Pte. Ltd. (SES) have on Wednesday announced the acceptance of USDC, a U.S. dollar-pegged stablecoin, exclusively on Sony Store Online in a move to make direct crypto payment accessible to SES’ consumers.

The duo said in a statement that the integration of cryptocurrency payments is gaining traction worldwide to appeal to tech-savvy consumers.

With the aim of diversifying its payment options to keep pace with the shift towards digital currencies alongside enhanced security, SES aims to stay ahead of the curve and future-proof its operations to meet the fast-changing consumer’s needs with likeminded partners including Crypto.com.

“We’re pushing to make paying in crypto more mainstream and partnering with a well-established and forward-thinking brand like Sony Electronics Singapore further raises awareness of how simple it can be to pay for everyday goods and services using crypto,

“This payment integration will not only benefit our users by giving them another way to utilize their crypto in the real world, but we believe adding a new and streamlined crypto payment method will also broaden SES’ customer base,” said Chin Tah Ang, General Manager of Singapore, Crypto.com.

Constantly embracing innovation and adopting a forward-thinking approach, SES is the first consumer electronics brand in Singapore to partner with Crypto.com in the adoption of direct crypto payment.

Crypto.com users will now benefit from an optimized checkout experience via Sony Store Online through Crypto.com Pay.

Starting with USDC, SES has plans to expand to other cryptocurrencies, empowering consumers to make purchases directly with their crypto balances on Sony Store Online.

Founded in 2016, Crypto.com is used by more than 140 million customers worldwide and is the industry leader in regulatory compliance, security and privacy.

Sony Electronics (Singapore) is responsible for the marketing and sales of Sony products in Singapore.

It also handles export business for Sony products from Singapore to various parts of Asia.

Since establishing its presence in Singapore in 1973, the firm has grown steadily over the years to become a leader in the electronics market.

Sony Corporation is a wholly owned subsidiary of Sony Group Corporation and is responsible for the entertainment, technology and services (ET&S) business.

#CryptoPayments #USDC #Sony #Blockchain #Fintech