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🍎Apple, X, and Airbnb are in early-stage discussions with crypto firms about incorporating stablecoins into their payment infrastructure, according to a report published by Fortune on June 6. The conversations, including Google and Uber, focus on the use of dollar-pegged tokens to reduce transaction costs and improve the efficiency of cross-border settlements. The report cited sources that requested anonymity due to the private nature of the talks. #BigTechStablecoin #MarketPullback
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$USDC Apple, X, Airbnb, and other major tech firms are in early talks with crypto companies to integrate stablecoin payments. Payment processors like Stripe and Worldpay have been approached to support back-end stablecoin transactions. Industry sources say firms are weighing compliance risks across stablecoin issuers like Tether and USDC. Executives see stablecoins as reshaping both enterprise treasury strategy and digital payment infrastructure.
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#BigTechStablecoin Apple, X, Airbnb, and Google are not the only Big Tech names exploring stablecoins. Others include Meta, which is once again leaning into the payment technology after abandoning an ambitious earlier push that failed in the face of regulatory backlash. Uber CEO Dara Khosrowshahi said the rideshare company is in the “study” phase of using stablecoins for global money transfers at a Bloomberg conference on Thursday.
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$BUBB meme coin surge. BUBB’s 33.8% 24-hour surge reflects technical breakout momentum and broader crypto market tailwinds, though thin liquidity raises volatility risks. (empty line) ⚪️ Breakout above key technical levels (50% Fibonacci retracement at $0.00255) triggered algorithmic and retail buying. ⚪️Market-wide recovery lifted speculative alts, with global crypto cap up 3.3% in 24h. ⚪️ Low liquidity (24h volume down 14% to $7.5M) amplified price swings. #MarketPullback #BinanceAlphaAlert
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🔹 Big Tech Involvement in Stablecoins $USDC 1. Meta (formerly Facebook) – Diem (formerly Libra) Announcement: 2019 Goal: Global digital currency backed by a basket of currencies. Consortium: Libra Association (included companies like Visa, Mastercard, Uber) Rebranded: Libra → Diem Shut down: 2022 due to intense regulatory pressure. Assets sold: To Silvergate Bank Amazon, Google, Apple No official stablecoins yet, but: Apple supports Apple Pay via regulated banks Google partners with fintech firms for payments Amazon has digital credits but not a blockchain token. 🔹 Potential Future Players Stripe, Square (Block Inc.), or Microsoft could enter, especially if CBDCs or Web3 adoption grows. Telegram launched TON but not a stablecoin per se. --- 🔹 Challenges for Big Tech Stablecoins 1. Regulatory scrutiny (especially regarding monetary policy, AML/KYC) 2. Data privacy concerns 3. Systemic financial risks (e.g., replacing national currencies) 4. Public trust in private money issuance #BigTechStablecoin
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