{"id":135712,"date":"2024-08-17T13:00:15","date_gmt":"2024-08-17T10:00:15","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135712"},"modified":"2024-08-17T08:18:31","modified_gmt":"2024-08-17T05:18:31","slug":"circle-to-introduce-usdc-tap-and-go-payments-on-iphones","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/circle-to-introduce-usdc-tap-and-go-payments-on-iphones\/","title":{"rendered":"Circle to Introduce USDC &#8216;Tap-and-Go&#8217; Payments on iPhones"},"content":{"rendered":"<p>Yesterday, Circle\u2019s CEO, Jeremy Allaire, <strong><a href=\"https:\/\/x.com\/jerallaire\/status\/1823772497969602981\" rel=\"nofollow\">announced<\/a><\/strong> that the company is preparing to roll out \u2018tap-and-go\u2019 payments using <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/usd-coin\/\">USDC<\/a><\/strong> on iPhones.<\/p>\n<p>This development comes on the heels of Apple\u2019s decision to grant third-party developers access to its NFC chip and Secure Element technology starting with iOS 18.1. Apple\u2019s announcement highlighted that developers will soon be able to integrate NFC contactless transactions into their own apps on iPhones, independent of Apple Pay and Apple Wallet.<\/p>\n<p>Allaire <strong><a href=\"https:\/\/www.apple.com\/newsroom\/2024\/08\/developers-can-soon-offer-in-app-nfc-transactions-using-the-secure-element\/\" rel=\"nofollow\">elaborated<\/a><\/strong> that this update could revolutionize payment systems by allowing point-of-sale systems to communicate directly with iPhone wallets for transactions involving blockchain addresses. This would enable \u201cseamless\u201d USDC payments authenticated through biometric features like FaceID.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-135617\" href=\"https:\/\/cryptodnes.bg\/en\/fintech-company-secures-30m-to-expand-financial-services-to-a-million-smes\/\" title=\"Fintech Company Secures $30M to Expand Financial Services to a Million SMEs\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/dubai-DUBAITG0721-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Fintech Company Secures $30M to Expand Financial Services to a Million SMEs<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Beyond USDC, Allaire noted that this NFC access could inspire developers to create new uses for iPhones, including handling NFTs for ticketing and managing other crypto stablecoins such as EURC. However, this NFC technology access is currently restricted to select countries, including Australia, Brazil, Canada, Japan, New Zealand, the US, and the UK, with the European Union not included in the initial rollout.<\/p>\n<p>USDC is the second-largest stablecoin by market cap, trailing behind Tether\u2019s USDT. USDC\u2019s market cap stands at $34.5 billion, while USDT\u2019s is approximately $116.4 billion. Despite the gap, USDC continues to make significant strides, particularly in the decentralized finance (DeFi) sector, supporting 77 chains compared to USDT\u2019s 76.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The integration of cryptocurrency with traditional technology is advancing rapidly, with Circle, the fintech company behind the USDC stablecoin, leading the charge.<\/p>\n","protected":false},"author":3,"featured_media":49788,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[28],"tags":[121,424,71],"coin_category":[],"class_list":["post-135712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-apple-pay","tag-crypto","tag-stablecoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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