Element

Secure

Apple

USDC

<ul class="news-points wp-block-list" "wp-block-list"> 
 <li>Circle’s CEO, Jeremy Allaire, announces upcoming USDC tap-to-pay on iPhones.</li> 
 <li>Apple’s NFC chip access enables blockchain payments via third-party iOS apps.</li> 
 <li>Allaire urged Developers and POS providers to prepare for native USDC transactions.</li> 
</ul> 
Jeremy Allaire, CEO of stablecoin issuer Circle, revealed plans to introduce tap-and-go payments using USDC on iPhones following Apple’s decision to open its secure payment chips to third-party developers, allowing the integration of blockchain-based payment into iOS devices. 
Allaire revealed this development on X <a href="https://x.com/jerallaire/status/1823772497969602981" target="_blank" rel="nofollow">stating,</a>&nbsp; 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 “Tap to pay using USDC on iPhones incoming soon. Wallet devs, start your engines.” 
</blockquote> 
This announcement followed Apple’s <a href="https://www.apple.com/newsroom/2024/08/developers-can-soon-offer-in-app-nfc-transactions-using-the-secure-element/" target="_blank" rel="nofollow">statement</a> that it would enable third-party apps to access its NFC chip and Secure Element (SE), previously restricted to Apple Wallet and Apple Pay. 
Allaire clarified that this new capability could enable iOS wallet apps that support USDC to process transactions through NFC. For instance, a point-of-sale system could communicate with an iPhone, specifying a blockchain address to accept USDC payments. The wallet app on the iPhone would then prompt the user to confirm the pa…
The post <a href="https://coinedition.com/circle-ceo-reveals-usdc-tap-and-go-payments-on-iphones/">Circle CEO Reveals USDC Tap-and-Go Payments on iPhones</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Circle CEO Reveals USDC Tap-and-Go Payments on iPhones

Coin Edition

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