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Circle has expanded its Web3 Services by adding support for Solana, the company announced. Circle’s Web3 Services aim to empower businesses and developers looking to launch on-chain apps. To extend these benefits to Solana, Circle is introducing its Programmable Wallets and gas stations on the network.
“With this initial launch of Circle’s Programmable Wallets supporting the Solana ecosystem, we’re excited to empower Solana developers to build innovative applications that are secure, scalable, fast, and cost-efficient,” Circle stated.
Integration in Two Phases
Circle plans to roll out the integration in two phases. The first phase includes support for Programmable Wallets and Gas Stations. The platform’s APIs and SDKs will enable developers to build and scale applications with fungible token transfers and the ability to sponsor end-user transaction fees.
The second phase will introduce support for non-fungible tokens (NFTs) and Smart Contract Platform interactions. These updates will allow for additional use cases, including NFT integration in gaming and brand loyalty programs.
Currently, Circle’s Programmable Wallets are available for Ethereum, Polygon PoS, and Avalanche. Solana is the latest blockchain to be integrated into Circle’s Web3 Services.
Solana’s Network Growth
Circle’s expansion of its Web3 Services to Solana is part of broader efforts to strengthen the blockchain platform. The company also offers native USDC and EURC integration on Solana and enabled its Cross-Chain Transfer Protocol (CCTP) on the network in March.
Solana has also seen significant partnerships and integrations with other ecosystem players. Recently, Squads Labs introduced Solana’s first smart wallet, Fuse, and launched a public TestFlight for iOS.
In late May, payments giant PayPal expanded native availability of its stablecoin PayPal USD (PYUSD) to Solana. PayPal indicated that this integration is crucial for enhancing global commerce, with users benefiting from transaction speed and low costs.
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