#BigTechStablecoin Large technology companies such as Apple, Google, Airbnb, and X (formerly known as Twitter) are exploring the possibility of integrating stablecoins into their payment systems. Stablecoins are cryptocurrencies linked to stable assets like the US dollar, allowing them to leverage the benefits of blockchain technology without the volatility associated with other cryptocurrencies. These companies seek to reduce transaction costs and improve efficiency in international payments. Apple has held discussions with Circle, the issuer of the USDC stablecoin, while Airbnb has talked with Worldpay and BNVK to implement payments with stablecoins and reduce processing fees from companies like Visa and Mastercard. X, for its part, is developing its X Money payment platform and could integrate stablecoins through a collaboration with Stripe. Google Cloud has already accepted payments in stablecoins from some clients, highlighting the potential of this technology to transform digital payments.
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