• Apple recently opened NFC chip access on iPhones to 3rd party app developers, allowing various wallet apps, including Web3 and crypto wallets, to use NFC for transactions and enabling developers to create user experiences where consumers can pay with USDC, potentially transforming direct merchant payments using blockchain technology. This development is significant as it expands payment possibilities beyond Apple Pay, allowing for various applications like USDC transactions, NFTs for tickets, and other digital assets to utilize tap-to-pay functionality on iPhones.

    Friday, August 16, 2024