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Sony's blockchain partner launches institutional-grade stablecoin as the default settlement currency for Ethereum layer-2 platform Soneium alongside a rewards program called STAR Points that incentivizes transactions through the Startale App. Stablecoin platform M0 is providing the underlying infrastructure for Startale USD (USDSC). The launch follows Japan's financial regulator approving a yen-stablecoin pilot from the country's three megabanks earlier this month.

Sony's blockchain partner launches institutional-grade stablecoin as the default settlement currency for Ethereum layer-2 platform Soneium alongside a rewards program called STAR Points that incentivizes transactions through the Startale App. Stablecoin platform M0 is providing the underlying infrastructure for Startale USD (USDSC). The launch follows Japan's financial regulator approving a yen-stablecoin pilot from the country's three megabanks earlier this month.
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"M0 provides the underlying infrastructure that powers the creation of application-specific digital dollars like Startale USD (USDSC). Its modular platform connects issuance, application logic, and liquidity into a single programmable system, giving builders control over how their digital dollars behave while relying on a shared foundation of transparency and interoperability."

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