Circle has partnered with Apple Pay to enable its users who accept the USDC stablecoin to reduce friction between traditional and cryptocurrency payments.
Circle now integrates Apple Pay services
Although prices are falling, the ecosystem continues to build solid foundations for mass adoption. Circle today gives a new argument in this direction by partnering with Apple Pay.
The stablecoin issuing company behind USDC has announced that projects building on its ecosystem will now be able to use this payment service. Indeed, Circle provides solutions to allow merchants, for example, to receive their payments in USDC, this new partnership with Apple Pay should break down the barrier to entry for people unfamiliar with our ecosystem.
In general, the company explains that this integration can cover many application cases :
“In fact, Apple Pay and Circle’s payment solution allow crypto-native businesses to accept payments from customers who don’t use crypto at all. NFT marketplaces, crypto games, exchanges, crypto wallets, and cross-border payment providers can help their business grow by making it easy to pay with Apple Pay and Circle. »
Circle’s payment service operates through a suite of API connections and its users receiving funds in cryptocurrencies have the choice of transferring them to their bank account or keeping them as they are. Beyond USDC, Circle also plans to expand settlement options to BTC and ETH in the future.
All these solutions thus make it possible to reduce friction between cryptocurrencies and traditional payments. This helps to integrate digital assets into payment circuits. On the consumer side, we also find solutions that allow you to spend cryptocurrencies without friction, like what some cards like Binance offer.
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