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BONNE SOIRÉE ✨️ 💝
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✨️ BONNE NUIT ✨️
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$USDC Today, USDC maintains its peg at $1 with 61 billion in circulation and 61.3 billion in reserves, ~90% in Treasury bills/short-term repos. Regulatory clarity is progressing: the GENIUS law redefines the framework for stablecoins as Circle's IPO approaches.
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#BigTechStablecoin Big tech companies like Apple, Google, Airbnb, and X (formerly Twitter) are exploring stablecoins to streamline payment systems, reduce transaction costs, and optimize cross-border payments. Here's what's happening¹ ²: - *Companies Involved*: - *Apple*: Negotiating with Circle, the issuer of USDC stablecoin, to integrate it into their payment systems. - *Google*: Already facilitating stablecoin payments for two clients using PayPal's PYUSD stablecoin and exploring further integrations. - *Airbnb*: Discussing stablecoin integration with Worldpay and considering bypassing traditional payment processors like Visa and Mastercard.
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