Stablecoin Issuer Circle Launches Wallet-as-a-Service Developer Platform

Circle, the issuer of the USDC stablecoin USDC, launched a wallet-as-a-service platform for developers. The service allows developers to embed Web3 wallets into their applications while providing a user-friendly design. These wallets work with any blockchain, allowing users to more easily access NFTs, cryptocurrencies and other Web3 digital assets.

Currently, users must keep their private keys themselves, but an upcoming update will allow developers to control users private keys. The company's Wallet-as-a-Service developer platform is currently in beta testing.

Related: Circle Consider Issuing Stablecoin in Japan as the New Stablecoin Law Took Effect Last Month