$USDC The adoption of stablecoins amid regulatory developments

The market capitalization of stablecoins has increased by 90% since January 4, 2024, confirming their status as the first large-scale use of cryptocurrencies.

In a related context, recent reports indicate that advances in the regulatory framework for stablecoins in the United States are pushing technology giants such as Apple, X (formerly Twitter), Airbnb, and Google to explore integrating these digital assets into their financial systems.

Fortune magazine reported on June 6 that these companies are considering using stablecoins to:

- Reduce transaction costs

- Improve the efficiency of cross-border payments

The level of progress varies among the companies, with Google being the most advanced after having already completed two transactions using a stablecoin.

This movement coincides with ongoing discussions about the GENIUS Act, which could establish a regulatory framework for cryptocurrencies.