Circle, a fintech company with a global presence, have introduced a new service called Programmable Wallets, which aims to provide developers with a user-friendly way to embed Web3 wallets into their applications. By leveraging their recent acquisition of CYBAVO, Circle is now equipped to offer developers worldwide the technical infrastructure to build, scale, and operate on-chain wallets for their customers.
The platform requires only a few lines of code, enabling developers to launch on the mainnet faster and deliver streamlined Web3 experiences across multiple blockchain networks.
With Circle’s Programmable Wallets, developers can create secure Web3 wallets for their users without compromising the familiar user experience. The platform also provides wallet operations tools, allowing developers to manage blockchain operations and scale their applications efficiently. Through the use of familiar APIs and SDKs, integrating fully-functional crypto wallets into applications becomes easier, bringing new efficiencies for builders and users alike.
Jeremy Allaire, the CEO and Co-Founder of Circle expressed their vision for Programmable Wallets as a core pillar in advancing the global utility and adoption of digital assets such as USDC and blockchain-based payments. He said the platform marks the first step towards the stablecoin issuer’s Web3 services, aiming to address developers’ pain points and offer seamless user experiences while driving the adoption of blockchain-powered wallets.
Currently, the beta version of Programmable Wallets is available for developers and enterprises to utilize on Avalanche, Ethereum, and Polygon. Expansion to additional chains is anticipated in the second half of 2023.
John Nahas, VP of Business Development at Ava Labs, commented on the value of Circle’s Programmable Wallets for Avalanche developers. He emphasized that developers can effortlessly integrate the customizable Web3 wallet experience into their decentralized applications (dApps) with just a few lines of code and minimal time investment.
Circle’s Programmable Wallets bring significant functionality to developers who are building innovative solutions in the blockchain space. It offers a promising framework to enhance user experiences and redefine the future of digital asset management.