Sonic Labs hat dividedthat his native token s can now be bought directly with local currencies via Alchemy Pay.
This step enables users from over 170 countries to buy S-tokens with payment methods that you use daily, such as debit cards, digital wallets and even bank transfers. So instead of bothering yourself to open a crypto exchange, you can now simply use your normal payment method like online shopping.
On the other hand, this partnership also reflects Sonic Labs’s strategy to expand its user base worldwide. It is not just about availability, but also about user -friendliness.
$S is now available on @AlchemyPay.
We have more on-ramps coming for seamless, global access to $S. https://t.co/mM1DayGqcN
— Sonic Labs (@SonicLabs) March 26, 2025
In addition, the Alchemy Pay platform is known for offering regulated services and operating in various regions, including Asia and Europe. This combination can certainly make Sonic more acceptable for users who have thought so far that crypto was complicated.
But that’s not the only step that Sonic Labs takes. As CNF reported, the company also develops an algorithmic stablecoin that is supposed to offer annual returns of up to 23%. If this number appeared in a normal investment brochure, many would be suspicious. And yes, the founder of Sonic Labs, Andre Cronje, has similar concerns.
He said that the Proof of Concept shows interesting potential, but the bitter experience with algorithmic stable coin bankruptcy such as Terrausd in 2022 caused him to make a much more careful posture. After all, it is better to be slow than watching the system collapse overnight, as was the case with Terra.
In addition, Sonic Labs also takes security seriously. In February 2025, the company entered into a partnership with the blockchain analysis company Arkham Intelligence.
This partnership gives users of the Sonic network access to tools to track companies and addresses, visual dashboards and real-time warnings. These functions are very useful, especially for users who act hard in defi and need a better insight into their activities.
It is like installing video surveillance and an alarm system in your virtual house. So if there are suspicious movements, you will be informed immediately. Transparency and control are increasing, and this is very important in the fast -moving crypto world.
Speaking of technology: Sonic Labs also integrated the Cross-Chain Interoperability Protocol (CCIP) from Chainlink into its main network. This announcement was made in January and was positively received by the community because it opened opportunities for seamless communication between blockchains.
Sonic Labs also uses Chainlink Data Streams and Data Feeds and also takes part in the Chainlink scale program. The data flows are faster and more efficient, and the developers now have more opportunities to create complex applications without having to worry about data restrictions.
In the middle of the developments, the S-token has also developed well. In the last 7 days, its course has increased by 14.37 % to $ 0.6151.
No Comments