Company
Date Published
Author
Team Circle
Word count
542
Language
English
Hacker News points
None

Summary

Circle Internet Financial has announced the expansion of its Web3 Services to support the Solana blockchain, marking a significant milestone in empowering Solana's developer community. This development includes the introduction of Programmable Wallets and Gas Station on Solana, designed to help developers create secure, multi-chain wallets within apps by abstracting technical complexities like private key management and transaction fees. The initiative aligns with Circle’s mission to enhance global economic prosperity through seamless value exchange, particularly by facilitating Solana's thriving ecosystem and payment use cases. Circle's platform, already supporting Ethereum, Polygon PoS, and Avalanche, will roll out Solana support in phases, initially enabling fungible token transfers with transaction fee sponsorship, with future updates planned for NFT support and smart contract interactions. This expansion aims to provide Solana developers with the necessary tools to build scalable and cost-efficient on-chain applications, ultimately democratizing blockchain benefits globally.