Sony's Upcoming Web3 Field
Sony Group is actively exploring the Web3 space and plans to launch a stablecoin pegged to the Japanese yen. Below are the details regarding Sony's related token projects:
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🪙 Sony's Stablecoin Plan: Minato
Sony Bank is collaborating with Soneium, an Ethereum Layer-2 blockchain platform under Sony, to develop a yen-pegged stablecoin named "Minato." This project aims to reduce transaction costs and enhance payment efficiency through blockchain technology, particularly in game and sports intellectual property (IP) payments. Currently, Minato is in the testing phase and is expected to launch its mainnet in early 2025. [1]
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🔗 Soneium Blockchain Platform
Soneium is an Ethereum Layer-2 blockchain solution launched by the Sony Group, designed to enhance transaction speed and reduce fees, supporting the development of decentralized applications. The platform employs Optimism's OP Stack technology and plans to use Bridged USDC as the primary value exchange token. [2]
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🤝 Partnership with Circle
Sony has partnered with stablecoin issuer Circle to integrate Bridged USDC on the Soneium blockchain. This will provide users with a wider range of payment options, facilitating the integration of digital entertainment and financial services.
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📌 Summary
- *Minato Stablecoin*: Pegged to the Japanese yen, expected to launch in early 2025, aimed at enhancing payment efficiency.
- *Soneium Blockchain*: An Ethereum Layer-2 solution launched by Sony, supporting decentralized applications.
- *Bridged USDC Integration*: Partnership with Circle to integrate USDC on Soneium, expanding payment options.
Currently, the Minato stablecoin has not been publicly issued and is still in the testing phase. If you are interested in this project, it is recommended to follow Sony Group and Soneium's official channels for the latest updates.
