• 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

ETHGas Revolutionizes Ethereum Blockspace with Predictable Pricing

chest

ETHGas revolutionizes Ethereum blockspace by introducing predictable pricing through blockspace futures and validator-backed preconfirmations.

user avatarAisha Farooq

Binance Introduces More Transparent Listing Approach

chest

In 2025, Binance introduced a transparent listing approach to enhance user confidence and clarity regarding new token listings.

user avatarTenzin Dorje

Hong Kong to Launch Stablecoin Licensing Regime in 2025

chest

Hong Kong Monetary Authority to issue stablecoin licenses in early 2025 as part of digital asset strategy.

user avatarMohamed Farouk

Hong Kong's Insurance Regulator Proposes Groundbreaking Crypto Investment Rules

chest

Hong Kong's Insurance Authority has drafted regulations allowing insurers to invest in cryptocurrencies with a 100% risk capital charge.

user avatarBayarjavkhlan Ganbaatar

Stablecoins Set to Replace Traditional Payment Rails

chest

Stablecoins are rapidly gaining traction as a replacement for traditional payment rails, with total transfer volumes surpassing those of Visa and Mastercard combined.

user avatarElias Mukuru

Fidelity Expands Services to Include Solana Trading and Custody

chest

In 2025, Fidelity Digital Assets announced the addition of Solana trading and custody services, catering to retail accounts, IRAs, wealth management clients, and institutional customers.

user avatarDiego Alvarez

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.