Global Apple Pay service starts cooperation with USDC cryptocurrency

The Apple Pay mobile payment system has started cooperation with Circle, the issuer of the USDC stablecoin. Circle representatives announced this on their official website. Thanks to the new large-scale partnership, users will be able to buy USDC on exchanges using Apple Pay. This is beneficial for cryptocurrency platforms, as they will be able to accept crypto payments even from customers who do not use a cryptocurrency wallet.

«NFT marketplaces, crypto games, cryptocurrency exchanges, crypto wallets, and cross-border money transfer providers can help grow their businesses by making it easier to pay with Apple Pay and Circle. Traditional businesses can also take advantage of this enhancement to convert more retail payments to digital currency,» Circle said.

To start using the new features of Apple Pay, you need to create your own account on the Circle website and follow the instructions for linking cryptocurrency payments to Apple Pay.

It is worth noting that this is not the first cryptocurrency partnership with Apple Pay; a few days ago, Binance announced that users can now buy cryptocurrency with credit and debit cards via Apple Pay and Google Pay. According to Binance, the service is currently available only for citizens of the UK and the EEA (European Economic Area — ed.). Those users who want to access the service must go through the process of verifying their account. You can try the new method by clicking on the «Buy» option in your profile and then selecting «Credit/Debit Card» in the main menu bar of the Binance homepage.