Circle's Jeremy Allaire says web3 is going mainstream

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Circle's Jeremy Allaire says web3 is going mainstream
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Circle's Jeremy Allaire says that the programmable wallet launch is just one way the firm is doubling down on web3 services.

most known for stablecoins is doubling down on web3 services with the launch of its programmable wallets.

Allaire said the wallet offering is just the first of future additional web3 services that will include forthcoming stablecoin cross-chain payments and a simplified smart contract development platform.in a thread on the social media platform formally known as Twitter. "It seems clear that nearly every major consumer internet company, brand and enterprise will start integrating Web3 primitives into their services. And nearly every fintech, payment company and financial institution will use Web3 for tokenization, payments, and financial apps," he added."To get there, we need way more developers who can build web3 apps."wallets in early July in an attempt to build out"wallets-as-a-service.

© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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