Circle Introduces Programmable Wallets and Gas Station on the Solana Blockchain
Circle has recently announced the expansion of its Web3 Services to include support for Solana, a move that aims to empower businesses and developers seeking to launch on-chain apps within the Solana ecosystem. By introducing its Programmable Wallets and gas stations on the network, Circle is providing Solana developers with the tools they need to create secure, scalable, fast, and cost-efficient applications.
The integration will take place in two phases, with the initial phase focusing on enabling support for Programmable Wallets and Gas Station. Through Circle’s APIs and SDKs, developers will have the ability to build and expand applications with features such as fungible token transfers and the ability to cover end user transaction fees.
In the subsequent phase of integration, developers will gain access to support for non-fungible tokens (NFTs) and interactions with Smart Contract Platforms. This update will open up new possibilities for use cases, including NFT integration in gaming and for enhancing brand loyalty.
Circle’s Programmable Wallets currently support Ethereum, Polygon PoS, and Avalanche, with Solana being the latest addition to the list of blockchain integrations.
This expansion of Circle’s Web3 Services to Solana is part of a broader effort to strengthen the blockchain platform through strategic collaborations. In addition to offering native USDC and EURC integration on Solana, Circle implemented its Cross-Chain Transfer Protocol (CCTP) on the network earlier this year.
Solana has been making significant strides in network growth, with notable partnerships and integrations with various ecosystem players. For example, Squads Labs recently introduced Solana’s first smart wallet Fuse, which includes a public TestFlight for iOS users. Meanwhile, payments giant PayPal expanded the availability of its stablecoin PayPal USD (PYUSD) to Solana in late May, emphasizing the importance of enhancing global commerce through improved transaction speeds and lower costs for users.
