Circle Brings Web3 Services to Solana, Empowering Developers

Circle, a leader in digital currency, is expanding its Web3 Services to the Solana blockchain. This move aims to empower developers building applications on Solana by providing them with essential tools.
“We’re thrilled to introduce Circle’s Programmable Wallets to the Solana ecosystem,” Circle said in a statement. “This will allow developers to create secure, scalable, and cost-effective blockchain applications.”
Phased Integration
The integration will occur in two phases. The first phase focuses on Programmable Wallets and Gas Station. These tools will give developers the ability to:
- Build and scale applications involving fungible tokens (like USDC or EURC)
- Cover transaction fees for their users
The second phase will introduce support for non-fungible tokens (NFTs) and Smart Contract Platforms. This will open doors for innovative use cases, including:
- Integrating NFTs into games
- Building NFT-based brand loyalty programs
Solana is the latest addition to the list of blockchains supported by Circle’s Programmable Wallets, which already includes Ethereum, Polygon PoS, and Avalanche.
Boosting the Solana Ecosystem
Circle’s move is just one of many recent developments strengthening the Solana blockchain. Here are some other examples:
- Native USDC and EURC integration by Circle
- Activation of Circle’s Cross-Chain Transfer Protocol (CCTP) on Solana in March
- Announcement of Solana’s first smart wallet, Fuse, by Squads Labs
- Addition of native PayPal USD (PYUSD) stablecoin to Solana by PayPal
These collaborations highlight the growing interest in Solana and its potential to revolutionize global commerce through its fast transaction speeds and low fees.pen_sparktunesharemore_vert