Grab, Uber’s Southeast Asian rival, debuts Web3 services with Circle

Get, Southeast Asias incredibly app and the most significant innovation start-up in the area, is piloting Web3 services in Singapore in partnership with the USD Coin (USDC) company Circle.Announcing the partnership on Sept. 14, Circle stated the new Web3 services are offered for Singapore-based Grab users through the “Grab Web3 Wallet.” The brand-new services are enabled through combination of Circles new Web 3 Services platform in the Grab app, which is created to assist standard firms to embrace stablecoins, clever contracts.as and digital assets part of the pilot, eligible Grab app users are able to set up a blockchain-enabled wallet, earn antiques and rewards as well as usage nonfungible token (NFT) vouchers.The Grab Web3 Wallet already offers SG Pitstop Pack NFT vouchers at popular shops in Singapore during the upcoming F1 Singapore Grand Prix, the announcement notes.The news about Grabs Web3 services first emerged last week, with market observers highlighting a Web3 tab with an integrated cryptocurrency wallet on Grab apps user interface on Sept. 7. Source: X” Last week X was abuzz wondering about the recently released Web3 Wallet in the Grab Singapore app.

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