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Bahamian Payment Platform Island Pay Launches Digital Wallet with USDC as Main Currency

Bahamian Payment Platform Island Pay Launches Digital Wallet with USDC as Main Currency

Bahamian payment platform Island Pay and stablecoin issuer Circle launched a digital wallet, CiNKO, according to Bloomberg.

The wallet, which will be launched in more than 30 countries in Latin America and the Caribbean, uses $USDC as its main currency, allowing users to fund prepaid cards, transact with merchants and make peer-to-peer payments, even if users do not have a bank account.

 

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