Apple enters the cryptocurrency market... Introducing cryptocurrency payment functionality on iPhone

Apple has teased a big change by integrating cryptocurrencies into its digital payment system. Apple will use its NFC and Secure Element (SE) payment chips to
Apple has announced that it will open up its blockchain-based payment system to third-party developers for the first time, allowing iPhone users to use crypto assets, especially the USDC stablecoin, to buy and sell cryptocurrencies on its blockchain.
Circle CEO Jeremy
Allaire said he hopes this opening will encourage the use of various crypto assets, including not only USDC, but also NFTs and EURC.
In addition, Apple's biometric authentication feature is expected to enable more secure payments. The feature will be rolled out in the US, UK, Japan and Brazil, with further global rollout in the future.
The change is expected to have a positive impact on various areas, including retail and loyalty programs, beyond just payment functions.