#AppleCryptoUpdate Apple's recent iOS 18.1 update marks a significant shift in its approach to digital payments. By opening its NFC (Near Field Communication) technology to third-party developers, Apple enables crypto wallets to facilitate contactless transactions directly through iPhones, independent of Apple Pay. Circle CEO Jeremy Allaire highlighted this development, suggesting that USDC Tap-to-Pay functionality could soon be available on iPhones. This move has the potential to revolutionize how digital currencies are used in everyday transactions, allowing users to make payments by simply tapping their iPhones at point-of-sale systems. While Apple hasn't officially partnered with Circle, this update paves the way for broader adoption of blockchain-based payment systems. However, Apple maintains strict App Store guidelines, limiting certain crypto functionalities, and continues to monitor the evolving regulatory landscape.
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