#BigTechStablecoin
Widmann compared its impact to that of the SWIFT network, highlighting its potential to revolutionize global payments. Google Cloud has already processed payments for two clients with PYUSD, demonstrating tangible progress in implementation.
Airbnb is also evaluating stablecoins to reduce the fees it pays to processors like Visa and Mastercard. Since early 2025, the company has been in discussions with Worldpay, which recently announced stablecoin payment capabilities through its partner BNVK.
This move could not only save costs but also facilitate payments to hosts in countries with limited access to global banking services.
X is not far behind. With the vision of becoming a "super app" similar to WeChat, X is exploring the integration of stablecoins into its X Money app.
The discussions, led by Abedi after Traughber's departure, include negotiations with Stripe, which acquired the stablecoin startup Bridge. This approach reflects Musk's interest in combining social networks with digital finance.
The exponential growth of stablecoins, with a market capitalization reaching $250 billion in June 2025, has caught the attention of investors and lawmakers. Circle's recent initial public offering, which doubled its offering value and grew an additional 40%, evidences market enthusiasm.
Analysts from Standard Chartered project that the stablecoin market could reach $2 trillion by 2028, driven by the regulatory clarity promised by the GENIUS Act bill.
The proposed legislation, which seeks to establish a clear regulatory framework for stablecoin issuers, has been a key catalyst. With the backing of Senator Lummis and Congressman Emmer, the GENIUS Act could foster widespread adoption in the USA, consolidating the dollar's dominance in the digital realm. This regulatory change has reduced the perceived risks for companies, incentivizing their foray into cryptocurrencies.
