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Apple Pay Has Enabled Crypto Payments Using Circle’s $USDC

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  • USDC issuer Circle has announced that Apple Pay is now enabled for crypto payments using the stablecoin.
  • Some businesses will be able to accept USDC in a safer and faster way using Apple Pay.
  • The move will ensure inclusion of crypto-native businesses and customers who do not use cryptocurrencies
  • Circle previously enabled support for Polygon USDC on its payments platform.

US dollar coin issuer Circle has Announce Apple has enabled crypto payments using stablecoins on its payments platform. Merchants who accept USDC can now pay with Apple Pay.

“Apple Pay is also a safer and faster way to pay using the Safari browser and apps, as customers will no longer have to create accounts or fill out lengthy forms,” ​​said Abhishek Sandhir, Director of Product at Circle.

Circle Brings Crypto and TradFi Users Closer

This joint venture is made up of the circle Apple will benefit crypto-native businesses that have so far only dealt with digital assets by helping them leverage Apple Pay’s payments platform. This in turn will serve as a gateway for fiat users to explore paying with cryptocurrencies.

“NFT marketplaces, crypto games, crypto exchanges, crypto wallets, and cross-border remittance providers can help their businesses grow by enabling easy checkout with Apple Pay and Circle. Traditional businesses can also take advantage of this enhancement to integrate more retail Transfer payment to digital currency and experience the benefits of USDC settlement.” The stablecoin issuer stated on its official website.

According to the stablecoin issuer, setting up this new feature was a short process. In addition to an Apple Developer Account, eligible merchants can open a Circle account for free.

USDC issuers have made similar moves in the past to expand payment options for their users.In early June this year, the company extend It supports Polygon USDC on its payment and funding platform.exist Convergence 22 At the USDC Conference in September 2022, the company revealed plans to launch USDC on five more chains by the end of the first quarter of 2023.

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