Farcaster is getting in-app USDC payments | Headlines | News | CoinMarketCap

06/29/2024 05:06
Farcaster is getting in-app USDC payments | Headlines | News | CoinMarketCap

Dan Romero, co-founder of the popular decentralized social media protocol Farcaster, unveiled Friday a new in-app payments feature. The new tool, …

Dan Romero, co-founder of the popular decentralized social media protocol Farcaster, unveiled Friday a new in-app payments feature. The new tool, built for the Farcaster client Warpcast, uses the USDC stablecoin for 1-tap payments from a user’s profile or the app’s messaging platform.

The feature solves one of the persistent issues of paying people in crypto — namely, looking up someone’s alphanumeric wallet address. Because Farcaster identities are human-readable, it makes that process easier.

“Our goal is to make it easy to pay people with crypto in an app you use every day on your phone. No need to look up an address or remember how to spell someone's ENS,” Romero told The Block in a direct message.

Romero also confirmed to The Block that, at launch, the application will only use …

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