- Meta Investor
- Posts
- Apple to Support USDC Payments
Hello Investors!
Let’s see what’s moving the markets today.
Top 3 Market Highlights
Apple to Support USDC Payments
Source: Leonardo AI
Apple decided to open its NFC chip and Secure Element to third-party developers.
This move allows blockchain payment apps to be integrated into iPhones.
Circle CEO Jeremy Allaire quickly jumped in and announced plans to introduce tap-and-go payments using USDC on iPhones.
Tap to pay using USDC on iPhones incoming soon. Wallet devs, start your engines.
— Jeremy Allaire - jda.eth / jdallaire.sol (@jerallaire)
5:23 PM • Aug 14, 2024
That means we could soon pay with crypto stablecoins as we do with regular cash (fiat money).
Learn more: CoinTelegraph
My Thoughts
This is huge. My favorite use case in crypto is using NFTs where no secondary marketplace exists.
Imagine a secondary marketplace for airplane tickets or global events that sell out in minutes. You would create a trustworthy marketplace for trading these with no scammers or exploiters.
If Apple doesn’t throw in the towel, we are a mile closer to getting there because both Mastercard and Visa already support crypto — not only crypto but Circle’s USDC.
Two-thirds of Institutional Buyers Held or Bought More in Q2
Source: Leonardo AI
Reply