Grab, Southeast Asia’s super app and the biggest technology startup in the region, is piloting Web3 services in Singapore in collaboration with the USD Coin issuer Circle.
Announcing the partnership on Sept. 14, Circle said the new Web3 services are available for Singapore-based Grab users through the “Grab Web3 Wallet.”
The new services are enabled through integration of Circle’s new Web 3 Services platform in the Grab app, which is designed to help traditional firms to adopt stablecoins, digital assets and smart contracts.
As part of the pilot, eligible Grab app users are able to set up a blockchain-enabled wallet, earn rewards and collectibles as well as use nonfungible token (NFT) vouchers.
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