Circle CEO Predicts USDC Stablecoin Taps-to-Pay Functionality on iPhone is Coming Soon
Publication Time:2024-08-15 21:01:06
In a recent interview, Circle's CEO Jeremy Allaire predicted that the use of Circle's USDC stablecoin for taps-to-pay (Tap-to-Pay) functionality on iPhones will be coming soon. This prediction was made following Apple's announcement to open up its iPhone's NFC payment functionality to third-party developers. Although Circle does not have a direct partnership with Apple or Apple Pay, Allaire emphasized that this move by Apple will make it easier for Web3 and crypto wallets to invoke NFC for transactions, thereby promoting the adoption of the USDC stablecoin on iPhones.
Circle
USDC Stablecoin
iPhone Tap-to-Pay