1 year ago
SINGAPORE — Grab (GRAB) and stablecoin relation Circle program to behaviour a aviator for a Web3 wallet wrong the Grab superapp.
The Grab Web3 Wallet volition beryllium disposable to users of the thrust hailing, nutrient transportation and integer payments app successful Singapore to usage vouchers successful non-fungible token (NFT) signifier and gain rewards and collectibles, the companies said. The archetypal signifier of the aviator volition beryllium during the Singapore Grand Prix connected Sept. 17.
Grab has around 180 cardinal users, making it 1 of the astir fashionable user apps successful Southeast Asia. Circle operates the USD Coin (USDC) stablecoin, whose worth is pegged 1:1 to the U.S. dollar.
"I deliberation it’s gonna beryllium precise casual for america to ideate a satellite adjacent twelvemonth wherever we tin instrumentality a cardinal users and person entree to Web3, and truthful person entree to transacting stablecoins," Circle CEO Jeremy Allaire said astatine Token2049 successful Singapore.
Amitoj Singh contributed reporting.
Edited by Sheldon Reback.
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