Circle announced a partnership with Grab today to pilot Web3 customer experiences in Singapore through the integration of Circle’s new Web 3 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. Circle Web3 Services aim to help both existing Web 2.0 internet companies and new Web3 startups to bring stablecoins, digital assets and smart contracts to consumer and enterprise applications. Launched as a pilot for the SG Pitstop Pack, Circle’s collaboration with Grab supports the MAS’s Project Orchid.
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