USDC Stablecoin Issuer Circle Says Businesses Can Accept Apple Pay
The addition will help crypto businesses by making it easier to take payments, the company said.
Nov 15, 2022 at 4:39 p.m. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/3G25LNIIB5DWNHMPHVJGADV4CI.jpg)
Circle CEO Jeremy Allaire is part of the consortium behind USDC (Danny Nelson/CoinDesk)
Merchants who accept payments in Circle's USDC stablecoin can now interact with Apple Pay, Circle said in a blog post.
“NFT marketplaces, crypto gaming, crypto exchanges, crypto wallets and cross-border remittance providers can help their business grow by making checkout easy with Apple Pay and Circle,” the company said.
The addition will help crypto-native businesses by making it easier to take payments, while not excluding customers that don’t use crypto. In addition, “traditional businesses can also take advantage of this enhancement to shift more retail payments to digital currency,” Circle said.
In June, Circle added support for Polygon USDC on its payments and treasury platform in a move that would help developers automate flows from fiat into Polygon USDC, along with being able to swap it for native USDC across various blockchain networks.
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Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.
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