Circle to Enable USDC Contactless Payments on iPhones
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 15 2024Apple's NFC Technology for Crypto: Apple has opened its NFC chip to third-party developers, allowing crypto integration into its ecosystem, which will enable users to make contactless payments with digital currencies like USDC using iPhones.
Impact on Digital Currency Adoption: This new feature aims to enhance the use of blockchain assets in everyday transactions, potentially increasing the adoption of digital currencies while also introducing fees for utilizing Apple's NFC technology.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
