#AppleCryptoUpdate Apple Updates and the Shift Towards Adopting Digital Currencies
In light of the rapid developments in the world of digital currencies, Apple emerges as one of the key players in integrating these technologies with its products. This article highlights the most significant updates and initiatives related to #AppleCryptoUpdate .
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1. Enabling Digital Currency Payments via Apple Pay
Apple has announced substantial updates to its digital wallet, Apple Pay, allowing users to purchase digital currencies 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 their support for trading without the need for identity verification (KYC).
- Purchase Steps:
- Download the Best Wallet app and link it to Apple Pay.
- Choose the desired digital currency and select the blockchain (such as USDT on the Solana network).
- Use Apple Pay to complete the payment by activating 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 digital currencies. This decision came after regulatory pressures in Europe and opens the door for payment applications supporting stablecoins like USDC, as Jeremy pointed out.