crypto

Circle will launch contactless payments on iPhone with payments in USDC

Circle, the issuer of the USDC stablecoin, plans to introduce contactless payments (Tap to Pay) on iPhone, said the company's CEO Jeremy Allaire.

CEO Circle made the announcement following Apple's announcement that third parties would have access to the iPhone's payment chip to process transactions outside of the Apple Pay and Apple Wallet ecosystem.

To integrate the new solution, developers will need to enter into a commercial agreement with Apple and pay the appropriate fee.

khama

@khama