Circle cooperates with Grab, a Southeast Asian online service platform, to integrate the Web3 service platform into Grab

Odaily Planet Daily News According to official news, Circle Internet Financial announced a cooperation with Grab, a multi-functional online service platform in Southeast Asia, to integrate Circle's new Web3 service platform into the Grab application to provide its customers with a new Web3 wallet experience in Singapore. Users in Singapore can use Grab Web3 Wallet to set up a blockchain-enabled wallet, earn rewards and collectibles, and spend NFT vouchers. This collaboration between Circle and Grab was launched as a pilot for the SG Pitstop Pack to support the Monetary Authority of Singapore’s (MAS) Orchid initiative as a real-life demonstration of Purpose Bound Money. According to previous news, Grab has added a new Web3 tab that integrates crypto wallets. It is reported that Grab is one of the largest multi-functional online platforms in Southeast Asia and is headquartered in Singapore. It started as a taxi booking app and later expanded into food delivery, freight, payments, financial services and more. Grab's services are very popular in many countries and regions in Southeast Asia, including Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, etc.