e-Wallet

How cryptocurrency could come to apple pay

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As more and more players begin to realize the potential of cryptocurrency, with the likes of PayPal entering the field, it’s now the turn of Apple to pledge its support. Asked in a New York Times interview about the possibility of native cryptocurrency support on iOS, Tim Cook said the Cupertino company was “looking into” the logistics. The future of crypto is coming.

BRINGING CRYPTO TO IOS

According to a new study from Times Magazine, the current cryptocurrency market - which is little more than a decade old - is estimated to be worth more than an eye-watering $3 trillion as consumers and businesses hedge their bets on digital currencies. They argue that excitement about the possibilities of decentralized finance and non-fungible tokens, as well as meme coins like Dogecoin and Shiba Inu, are helping to fuel a whole new generation of investors, and there’s no doubt that the COVID-19 pandemic and the ongoing political and economic uncertainty has played its own part in proceedings. Add in the fact that major players like PayPal are supporting crypto and it’s no wonder why all eyes are on Apple to make its stand on cryptocurrency. Sure, there are dozens of quality digital wallets and apps that allow you to buy, store, and earn cryptocurrency, but adding a centralized, native digital wallet to one of the world’s biggest smartphone operating systems could be the change that’s needed to really bring cryptocurrency into the mainstream and change the way we spend. And as countries like China roll out support for their own cryptocurrencies