KEY TAKEAWAYS
- Pockyt partners with Circle to integrate USDC, enhancing stablecoin payment processing for merchants.
- This collaboration aims to provide secure and efficient cross-border commerce solutions using USDC.
- Pockyt will leverage Circle’s Programmable Wallets to bridge Web2 and Web3 financial systems, supporting digital-first commerce.
- The partnership empowers merchants with tools for faster, cost-effective global transactions.
New York, NY – December 5, 2024 – Pockyt, a leader in alternative payments infrastructure, has announced a partnership with Circle, a global fintech company. This collaboration will enable Pockyt to integrate Circle’s USDC capabilities, allowing merchants to use stablecoins for both pay-ins and payouts.
The partnership aims to enhance Pockyt’s ecosystem by incorporating stablecoin payment processing. This integration provides merchants with a secure, efficient, and cost-effective solution for cross-border commerce using USDC. Circle, through its regulated entities, issues USDC, a fully-reserved and regulated digital dollar known for its stability and transparency. This fosters trust and encourages businesses to adopt digital dollars for global commerce.
Enhancing Connectivity with USDC and Programmable Wallets
Beyond integrating USDC, Pockyt plans to utilize Circle’s Programmable Wallets. This tool offers a ‘web2.5’ wallet experience, bridging traditional Web2 financial systems with Web3’s decentralized capabilities. The integrated platform will enable thousands of merchants and over one million Pockyt users to transition seamlessly between Web2 and Web3, enhancing accessibility and supporting borderless, digital-first commerce.
“We’re thrilled to partner with Circle to bring the power of USDC to our merchants,” said Mason, CEO of Pockyt. “This collaboration marks a major step in Pockyt’s drive for innovation, enabling businesses to leverage stablecoin technology for faster, more reliable cross-border transactions. By integrating Circle’s programmable wallets and stablecoin infrastructure, we’re not only enhancing our payment capabilities today but also laying a robust foundation for expanding digital currency applications that bridge traditional finance and Web3 in the future.”
Kash Razzaghi, Chief Business Officer at Circle, stated, “Integrating USDC and Programmable Wallets into Pockyt’s platform will empower merchants with easy-to-use tools that make global transactions move at the speed of the internet, saving time and cutting costs. Together with Pockyt, we are working to enable borderless, inclusive, and modern cross-border commerce.”
For more details, the partnership was announced here.
Explore More News:
Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
