Coinspeaker
Circle Partners with Grab to Pilot Web3 Experience
USDC issuer Circle has announced its partnership with Southeast Asian technology startup Grab to pilot Web3 customer experiences in Singapore.
Established in 2012 as MyTeksi, Grab app is a multinational technology company that operates from out of Singapore and serves the entire South Eastern region. The company has a super-app that allows ride-hailing, door-to-door food delivery, and digital payments. Its services are available in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand and Vietnam.
According to reports, the Grab app has more than 187 million users in 330 cities across Southeast Asia. The partnership with Circle will serve to bring a Web2-based company into a Web 3 experience.
To achieve this, Circle has integrated its new Web3 services platform into the Grab super app. This is available as the Grab Web3 Wallet. Using this wallet, Singapore-based users can set up a blockchain-based wall
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