Circle to Introduce Tap-and-Go Payments on iPhones
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
Circle, the company behind the popular stablecoin USDC, is set to introduce tap-and-go payments on iPhones after Apple’s decision to allow third-party developers access to the secure payment chips.
“Tap to pay using USDC on iPhones incoming soon. Wallet devs, start your engines,” Circle CEO Jeremy Allaire said in a recent post on X.
The new feature is expected to leverage Apple’s Near Field Communication (NFC) chip and Secure Element (SE), which were previously restricted to Apple’s own Wallet app and Apple Pay.
Tap to pay using USDC on iPhones incoming soon. Wallet devs, start your engines. https://t.co/D6lsj4saMS
Apple’s recent decision to open up these key technologies paves the way for blockchain-based payment systems to be integrated into the iPhone ecosystem.
This will allow for direct payments using USDC at points of sale, with iPhone-based wallet apps prompting users to confirm transactions via features like FaceID, seamlessly settling payments on the blockchain.
Allaire emphasized the potential of this development, highlighting that combining iPhone technology with high-performance, low-fee blockchain networks could create a powerful new avenue for direct-to-merchant USDC payments.
“This would allow a [point of sale] to tell an iPhone what blockchain address it will accept USDC on, or the amount to pay, and then the iPhone-based wallet app could prompt the user to confirm a payment (like with FaceID) and initiate a transaction over the blockchain to settle the USDC,” Allaire said.
“Combining this with high-performance
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