Microsoft plans to support cryptocurrency wallets in Edge: including Ethereum/Web3/NFT
Microsoft ceaselessly incorporates various features into the Microsoft Edge browser, with the latest addition being a native cryptocurrency wallet. This integration is not facilitated through an extension but rather as an inherent feature of Microsoft Edge.
According to user-shared screenshots, the built-in cryptocurrency wallet in Microsoft Edge primarily supports the Ethereum blockchain network, which is unsurprising given that the most popular cryptocurrency applications are Ethereum-based.
Supported features include, but are not limited to, Ethereum cryptocurrency wallets, DAI, NFTs, and the critical term mentioned by Microsoft: Web3. Microsoft’s involvement with the cryptocurrency community carries significant weight, and their support for cryptocurrencies and Web3 through the Microsoft Edge browser is expected to have a positive impact on Web3 development.
Curiously, one wonders whether Microsoft felt obliged to support NFTs since they were already working with the Ethereum blockchain network. The NFT craze has waned, yet Microsoft Edge’s cryptocurrency wallet specifically mentions NFT support.
Functionally, Microsoft Edge’s cryptocurrency wallet offers a comprehensive range of wallet features, including but not limited to wallet creation, passwords, sending and receiving Ethereum and Ethereum-based tokens, and even SWAP support.
In terms of stablecoins, USDT and USDC are supported, both of which are Ethereum network-based and do not support the TRC20. The wallet also supports Ethereum’s dedicated ENS domain names when sending Ethereum. Microsoft’s consideration is commendably thorough, with the pre-launch feature set already comprehensive.
Additionally, for supported countries or regions, Microsoft offers cryptocurrency purchasing services via Coinbase and MoonPay, primarily available in the United States and a few other countries.
It remains unclear when Microsoft will officially launch the Microsoft Edge cryptocurrency wallet. However, it is foreseeable that the future EdgeOS will become increasingly bloated, and a ChromeOS-like EdgeOS would likely not be a detriment.