Apple looks at the cryptocurrency giant.
Apple Pay Vice President Jennifer Bailey, who spoke with CNN at a private event in San Francisco, said: “We think it’s interesting. We think it has interesting potential in the long term.”
Bailey did not give more details about the possible use of technology that Apple could use. He imagined the future of payments at a CNN event.
With Facebook planning to launch Stablecoin next year, it would be surprising if Apple didn’t observe cryptocurrencies. But Bailey’s comments may be more behind the scenes at Apple’s Cupertino headquarters.
In February, Apple filed an application with the Securities and Exchange Commission (SEC) that contained unusual details about the interest of the giant blockchain computing technology.
The document states that Apple participated in the development of the Blockchain Guidelines for the Responsible Mining Initiative responsible for the Commercial Alliance and worked with the RBA blockchain team.
In another part of a CNN report, Bailey said that with the launch of Apple Pay, the company has facilitated consumer growth. The company is analyzing the problem, he said.
Exec also explained why the company offered new Apple Card users that it would avoid other credit cards, as well as leather and denim. “We want it to always look perfect,” he said.