Circle’s Modular Wallets have partnered with Dynamic, a platform that simplifies Web3 authentication and wallet management, allowing developers to take advantage of Dynamic’s login and wallet user experience (UX) for Circle’s Smart Accounts.
With this collaboration, seamless onboarding and flexible authentication options are available that enhance the overall functionality of the modular wallets (wallets that can be customized and expanded with various features and functionality).
Key features of Partnership between Circle and Dynamic
Seamless Onboarding: With this partnership, users can easily set up accounts without any technical expertise. The users can also take advantage of features like social logins and passkeys for secure authentication.
Moreover, the Dynamic also automates wallet creation and supports multichain USDC transactions which ensures smooth and intuitive onboarding experience.
Flexible Authentications: The integration is said to support various authentication methods. Various methods include social media logins (Google, Apple, Facebook), email or SMS login and PIN based login. The users can choose the method that suits them the best.
Smart Account Creation: With this integration, creating smart accounts is easy and user-friendly as the process is simplified. The process does not even need assistance or technical expertise for creating or managing the account.
Benefits of Modular Wallets
Circle’s Modular Wallets are designed to offer developers greater flexibility in building wallet solutions. They are based on the ERC-6900 standard, which promotes interoperability and customization.
Modular Wallets support features that include flexible key management, transaction screening, and gas abstraction making them great for various use cases, including treasury management and DeFi applications.
Dynamic’s Role
Dynamic is said to provide a platform for integrating smart wallets that supports multiple account abstraction providers and offers features like gas fee sponsorship and transaction building.
By using Dynamic as a signer for Circle Smart Accounts, developers can enhance the security and usability of their wallet solutions.
Industry Reaction
Jeremy Allaire, Co-founder & CEO of Circle, praised the integration by posting on social media platform X (formerly known as Twitter).
In the post, the CEO stated “Great work from Dynamic to seamless enable the use of Circle Smart Account Wallets — build UX with safe, simple and easy to use multichain USDC experiences.”
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