Circle and Grab Pilot Web3 Experiences in Singapore

September 14, 2023

SINGAPORE, September 14, 2023 — Circle Internet Financial (Circle) announced a partnership with Grab today to pilot Web3 customer experiences in Singapore through the integration of Circle’s new Web3 Services platform in the Grab app. Available as the ‘Grab Web3 Wallet,’ Singapore-based users may set up a blockchain-enabled wallet, earn rewards and collectibles, and use non-fungible token (NFT) vouchers. To start, the Grab Web3 Wallet supports the use of the SG Pitstop Pack NFT vouchers at popular stores and adventures in Singapore during the upcoming F1 Singapore Grand Prix. Circle Web3 Services aim to help both existing Web 2.0 internet companies and new pure-play Web3 startups to safely and easily bring the power of stablecoins, digital assets and smart contracts to consumer and enterprise applications. In February 2023, Circle collaborated with Tribe, the country’s first government-supported blockchain ecosystem builder, on a novel training and support program aimed at growing and upskilling the region’s Web3 developer talent pool.

The source of this news is from Circle