A new collaboration between Circle peer-to-peer payment company and offline maps app Maps.me will allow users to make instant international and in-game payments using Circle’s dollar-pegged stablecoin, USD Coin (USDC).
The Maps.me mobile app provides offline maps using OpenStreetMap data. The new partnership will allow users to make stablecoin payments to Maps.me partners in over 35 countries using a linked credit or debit card. Users will also be able to buy and store USDC and MAPS tokens, Maps.me digital wallet.
“Stablecoin and Defi are going mainstream and the circle is a natural partner for the maps.me ecosystem in driving mass adoption,” co-founder Alex Grebnev told Maps.me in a statement. “We know that Maps.me’s large and active user base is looking for instant, secure and easy-to-access financial services that meet their needs.”
According to the announcement, members of the crypto program will also have access to additional offers on Maps.me, such as cashback on travel bookings and discounts on tariff plans. “This partnership with Circle accelerates our ability to reap the benefits of DeFi and put people in charge of their financial lives in the same way they are responsible for their travels,” Grebnev said.
Circle USDC is the second most popular stablecoin after USDT Tether. Its market capitalization has grown fivefold since the beginning of this year. Meanwhile, an increasing number of companies and exchanges are integrating support for stablecoins and at the end of last month the total supply of stablecoins exceeded $ 100 billion.
According to Circle, this year the USDC has contributed to “billions of dollars of online economic activity” and “provides access to financial services to thousands of clients around the world.” The partnership with Maps.me is part of making stablecoin “a convenient payment instrument around the world,” the announcement says.
“Our two companies share a commitment to turning money into an online experience that allows users to send, share, pay and invest as easily and freely as email, text messages or social media,” Circle co-founder and CEO Jeremy said in a statement. Aller.