Circle and Grab Pilot Web3 Experiences in Singapore

SINGAPORE–(BUSINESS WIRE)–Circle Internet Financial (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. To start, the Grab Web3 Wallet supports the use of the SG Pitstop Pack NFT vouchers at popular stores and adventures in Singapore during the upcoming F1 Singapore Grand Prix.

“Circle is focused on partnering with global-scale consumer internet brands to bring everyday utility to users. Piloting our technology with Grab’s customers brings us closer to realizing the full potential of responsible digital assets innovation,” said Jeremy Allaire, Co-founder and CEO of Circle.

Launched as a pilot for the SG Pitstop Pack, Circle’s collaboration with Grab supports the Monetary

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