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Sony’s Online Store in Singapore Launches USDC Payments via Crypto.com
Key Takeaways
- Sony's online store in Singapore accepts USDC payments through Crypto.com, which marks its first local crypto checkout option;
- The launch is limited to USDC for now, with plans to support more cryptocurrencies in the future, though no timeline is set;
- Sony is offering free LinkBuds and USDC rewards to select Crypto.com users who meet spending requirements.
People shopping on the Sony Store Online in Singapore can now pay with cryptocurrency, according to an April 2 announcement from the crypto exchange Crypto.com
Sony Electronics Singapore has added support for USDC
Currently, only USDC is supported, and payments must go through Crypto.com’s service. This marks the company’s first time offering direct crypto payments in the country.
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Crypto.com’s Singapore General Manager, Chin Tah Ang, said that bringing crypto payments to brands like Sony could help more people get used to using digital currencies. He said in the announcement:
We’re pushing to make paying in crypto more mainstream. The company hopes this move will encourage broader use of crypto in everyday shopping.
Sony has said it plans to support more cryptocurrencies in the future, but there is no confirmed timeline for that yet.
The announcement also mentioned that the Sony Store Online is offering two promotions for Crypto.com users to celebrate the launch of USDC payments. 50 eligible users who spend at least $300 using Crypto.com Pay will receive a free pair of LinkBuds. Additionally, 150 qualified users who spend a minimum of $100 will receive 20 USDC.
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