• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Circle to Introduce Tap-and-Go USDC Payments on iPhones

user avatar

by Giorgi Kostiuk

a year ago

  1. Announcement by Jeremy Allaire
  2. Using Apple's Technology
  3. Future of Crypto Payments


    4. Circle's CEO Jeremy Allaire announced a new feature that will enable iPhone users to make USDC payments using tap-and-go technology.

    Announcement by Jeremy Allaire

    Jeremy Allaire revealed in a recent post on X that Circle is preparing to launch USDC payments on iPhone. Allaire explained that the new feature will enable fast, low-cost blockchain networks for direct-to-merchant USDC payments, especially for point-of-sale systems.

    This would allow a point of sale to tell an iPhone what blockchain address it will accept USDC on, or the amount to pay, and then the iPhone-based wallet app could prompt the user to confirm a payment (like with FaceID) and initiate a transaction over the blockchain to settle the USDC.Jeremy Allaire

    Using Apple's Technology

    The new payment option is expected to use Apple's NFC chip and Secure Element, which were previously limited to Apple Wallet and Apple Pay. Allaire referenced a recent Bloomberg report which claims that Apple is opening up its payment technologies to allow third parties to offer their services natively on iPhones.

    Future of Crypto Payments

    Allaire also noted that the expanded NFC access could extend beyond USDC to applications such as NFTs, other stablecoins like EURC, and various digital certificates. This reflects the growing trend of payment firms adopting cryptocurrencies.

    Circle's new feature demonstrates significant changes in the field of cryptocurrency and payment technologies, offering users more convenient and secure transaction options.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Apple Introduces New Leadership in Hardware Engineering

chest

John Ternus has been appointed as the new head of hardware engineering, overseeing both hardware and software design teams.

user avatarAndrew Smith

Apple to Refresh Mac Lineup with New Designs and Features

chest

Apple is set to introduce a significant update to its Mac lineup, including new MacBook Pros, MacBook Airs, and desktop options.

user avatarJacob Williams

Zcash Enhances Network Reliability with New Infrastructure

chest

Zcash enhances network reliability by deploying multiregion infrastructure across the US and Europe on January 8, 2026, following the DNS seeder shutdown.

user avatarZainab Kamara

Potential Implications for MicroStrategy from Strive's Model

chest

Strive Asset Management's recent announcement regarding perpetual preferred stock could significantly impact MicroStrategy, which is facing a $3 billion convertible debt burden by early 2025. Adopting Strive's model may help MicroStrategy avoid a liquidity crisis and improve its financial standing.

user avatarTando Nkube

Strive's Perpetual Preferred Stock Aims to Restructure Convertible Debt

chest

Strive Asset Management is issuing perpetual preferred stock to replace its convertible debt, enhancing financial flexibility and reducing future liabilities.

user avatarKofi Adjeman

Strive Asset Management Announces Perpetual Preferred Stock Issuance

chest

Strive Asset Management plans to issue perpetual preferred stock to enhance its financial stability and address the challenges of significant Bitcoin holdings.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.