Crypto

Crypto Payments with USDC Now on Apple Pay

Circle, the issuer of USDC stablecoin, added support for Pay Apple (AAPL) to help boost usage of the coin by allowing crypto firms to accept the payment method.

Key points to remember

  • Apple Pay can now be used to make payments in Circle USDC to boost business sales.
  • Payments can be made through Apple’s Safari browser or in apps using iPhone, Apple Watch, iPad and other supported devices
  • This development is accessible to both crypto-natives and traditional businesses.

Building the future of commerce

USDC issuer Circle has introduced payments for eligible businesses via Apple Pay, a move it hopes will help build the future of commerce by boosting business sales and making payments faster. easier and safer, according to the announcement.

Strategic partnership between crypto giant Circle and tech giant Apple will enable payment through Apple’s Safari browser or in apps using the iPhone, Apple Watch, iPad and other supported devices in charge. Thus, customers will no longer have to create an account or fill out lengthy forms.

Multiple Use Cases

For crypto-native businesses, it’s a powerful way to connect with customers who like using traditional payment methods like Apple Pay while accepting payments from customers who don’t. all the crypto. This should benefit NFT markets, crypto games, crypto exchanges, crypto wallets, and cross-border money transfer providers. At the same time, traditional businesses can seize the opportunity to embrace digital currency, including USDC as a settlement option for retail payments.

The bottom line

Such developments are significant in the crypto market, given the current wake of market conditions and FTX chaos. Apple’s entry will help drive adoption among its wide range of existing users. USDC Seems to Boost Investor Confidence in Stablecoins Following Incidents of stablecoins crash.

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