{"id":81398,"date":"2023-07-07T11:20:49","date_gmt":"2023-07-07T08:20:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81398"},"modified":"2025-09-11T22:37:22","modified_gmt":"2025-09-11T19:37:22","slug":"circle-launches-wallet-as-a-service-platform-for-web3-developers","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/circle-launches-wallet-as-a-service-platform-for-web3-developers\/","title":{"rendered":"Circle launches wallet-as-a-service platform for Web3 developers"},"content":{"rendered":"<p>The <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-the-usdc-stablecoin\">USDC<\/a> co-issuer Circle has launched a &#8216;wallet as a service&#8217; platform for developers of Web3 applications.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-07-07-v-10.44.24.webp\" alt=\"Snimok-ekrana-2023-07-07-v-10.44.24\" class=\"wp-image-211030\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/twitter.com\/jerallaire\/status\/1676965961919008773\">Twitter<\/a>.<\/figcaption><\/figure>\n<p>The service is in beta. It allows developers to integrate the crypto wallet directly into application interfaces and tailor it to the required functionality.<\/p>\n<p>The extension can be used with any blockchain to access <a href=\"https:\/\/u1f987.com\/en\/news\/what-are-nfts\">NFTs<\/a>, cryptocurrencies and other digital assets. Currently the tool supports Ethereum, Polygon and Avalanche, but Circle says it will add more networks in the future.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\\&#8221;If you understand the technical aspects, you can connect to the platform and launch an app right away,\\&#8221; said Circle CEO Jeremy Allaire.<\/p>\n<\/blockquote>\n<p>At present, users must personally hold their private keys, but a forthcoming update will allow developers to manage them if needed.<\/p>\n<p>The platform uses multi-party computation (MPC) technology, eliminating single points of failure and helping protect against theft and unauthorized access. Developers can also opt to shoulder transaction fees themselves to simplify wallet interaction.<\/p>\n<p>In April, Circle <a href=\"https:\/\/u1f987.com\/en\/news\/circle-launches-cross-chain-usdc-transfers-between-ethereum-and-avalanche\">launched<\/a> the CCTP protocol for transfers of USDC between Ethereum and Avalanche.<\/p>\n<p>Later, the company <a href=\"https:\/\/u1f987.com\/en\/news\/circle-launches-usdc-on-arbitrum-network\">integrated<\/a> its stablecoin into the Arbitrum <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\">layer-2 network<\/a> ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The USDC co-issuer Circle has launched a &#8216;wallet as a service&#8217; platform for developers of Web3 applications.<\/p>\n","protected":false},"author":1,"featured_media":81399,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Circle launches wallet-as-a-service platform for Web3 developers.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1220,57],"class_list":["post-81398","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-circle","tag-wallets"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"Circle launches wallet-as-a-service platform for Web3 developers.","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=81398"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81398\/revisions"}],"predecessor-version":[{"id":81400,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81398\/revisions\/81400"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/81399"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=81398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=81398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=81398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}