Apple Pay Enables Direct Bitcoin Purchases in Trust Wallet — Simplified On‑ramp for Crypto
Apple Pay has integrated with leading crypto platforms, enabling users to buy Bitcoin and other cryptocurrencies directly in Trust Wallet via Apple Pay. Announced by CryptosRus on X, the change removes bank transfers and complex onboarding, making purchases as simple as App Store transactions. The article also notes related developments: Turkmenistan has passed a law to legalize and regulate crypto trading from 2026 with licensing, KYC/AML, mining registration and token issuance controls; and a resilience example where $15bn in crypto options settled smoothly while CME derivatives experienced a data-center outage during $13.4bn options expiry. Key implications for traders: easier retail on‑ramps may increase demand and new retail inflows for BTC and major altcoins; regulatory moves in previously closed jurisdictions signal wider institutional and retail adoption; and crypto’s settlement resilience vs. TradFi outages highlights network reliability. Primary keywords: Apple Pay, Bitcoin, Trust Wallet, crypto on‑ramp. Secondary keywords: retail adoption, Turkmenistan regulation, CME outage, options expiry.
Bullish
Direct Apple Pay integration with Trust Wallet materially lowers friction for retail users to buy Bitcoin and other cryptocurrencies. Historically, easier on‑ramps (credit/debit card integrations, PayPal, Cash App) have correlated with increased retail inflows and upward price pressure on BTC and liquid major altcoins. Removing bank transfers and lengthy KYC steps shortens the path from fiat to crypto, likely increasing transaction volumes and new retail participation in the near term. The Turkmenistan regulatory move adds a mild positive macro signal by expanding potential markets and legitimizing crypto activity in a previously closed jurisdiction—supporting longer‑term adoption. The CME outage/crypto settlement contrast adds a narrative advantage for crypto as resilient rails, potentially attracting users frustrated with TradFi outages. Risks: improved access can amplify volatility (fast retail inflows and outflows), payment‑provider disputes or tighter regulation of on‑ramps could reverse gains, and macro liquidity conditions remain key. Net effect: bullish—likely positive short‑term demand spike and constructive for longer‑term adoption, but volatility and regulatory risk remain.