$BTC #AppleCryptoUpdate

Apple announced that it will begin allowing third-party developers to use the near-field communication (NFC) payment chip in iPhones to manage transactions, following years of pressure from European regulators to open up the platform.

iPhone users will be able to choose a third-party payment app as their default, possibly one that supports payment options in Bitcoin, cryptocurrencies, or stablecoins. Stablecoins—the largest of which are Tether's USDTTether 0.0% and Circle's USDC—are cryptocurrencies pegged to the price of traditional currencies, usually the US dollar.