#AppleCryptoUpdate

1. Activating Cryptocurrency Payments via Apple Pay

Apple has announced substantial updates to its digital wallet, Apple Pay, allowing users to purchase cryptocurrencies such as Bitcoin and Ethereum directly through the app. This process relies on adding credit or debit cards to the wallet, supporting over 60 blockchain networks, which are described as the "best non-custodial wallet" due to its support for trading without the need for identity verification (KYC).

- Purchase Steps:

- Download the Best Wallet app and link it to Apple Pay.

- Select the desired cryptocurrency and specify the blockchain (such as USDT on the Solana network).

- Use Apple Pay to complete the payment by enabling biometric authentication (FaceID or TouchID).

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2. Opening NFC Chip for External Developers

Apple has released a revolutionary update allowing developers to use the NFC chip in iPhones to process financial transactions, including cryptocurrencies. This decision came after regulatory pressure in Europe and paves the way for payment applications supporting stablecoins like USDC, where Jeremy Allaire, CEO of Circle, mentioned the possibility of making direct payments to blockchain addresses via the phone.