#BigTechStablecoin Big tech giants Apple, Google, Airbnb, and X (formerly Twitter) are exploring stablecoin integration to reduce transaction costs and enable faster cross-border payments. Stablecoins, pegged to stable assets like the US dollar, offer blockchain benefits without the volatility of traditional cryptocurrencies. These companies aim to leverage stablecoins to¹ ²:
- *Reduce Fees*: Avoid steep charges from credit card networks like Visa and Mastercard
- *Enhance Payments*: Facilitate cheaper international transactions and improve user experience
- *Expand Functionality*: Integrate stablecoins into existing payment infrastructures, such as Apple Pay
This move is driven by growing demand for efficient payments and clearer regulations, with the GENIUS Act sparking debate in the US Senate.