🚨💵 The stablecoin fever is reigniting! Circle's stock jumps 40% with unprecedented interest from tech giants!
Stablecoins are at a pivotal moment, with major names like Apple, Google, X (formerly Twitter), and Airbnb entering early talks with crypto companies to integrate stablecoins into their payment systems, according to a report by Fortune magazine.
💡 Why stablecoins?
• Reduce transaction costs
• Speed up international payments
• An effective bridge between traditional finance and blockchain technology
📊 In 2024 alone, over $27.6 trillion in transactions have been executed via stablecoins — more than Visa and Mastercard combined!
🔥 The big surprise?
Circle Inc. (ticker: CRCL), the leading issuer of USDC, successfully launched an Initial Public Offering (IPO) on Thursday:
• The stock price has doubled since listing
• Then it rose an additional 40% today
🔍 Details of the movements:
Apple has been in talks since January to integrate stablecoins into Apple Pay
X (Elon Musk) is discussing with Stripe to enable payments via stablecoins
Airbnb is looking to reduce Visa and Mastercard fees in collaboration with Worldpay
🇺🇸 Donald Trump's return to the presidency has increased confidence among American companies in adopting crypto.
📜 The GENIUS Act is expected to boost this momentum by providing a clear regulatory framework for stablecoin issuers.
