#BigTechStablecoin
Apple, Google, X, and Airbnb are already exploring stablecoins: Fortune
The tech giants want to transform payment systems and create new businesses with tokenized dollars.
*There are preliminary discussions between the corporations and "cryptocurrency firms".
*The US Congress is discussing the law that will regulate the use of stablecoins.
In a move that could transform the landscape of digital payments, tech giants like Apple, Google, X, and Airbnb are exploring the integration of stablecoins into their payment systems, according to a recent report.
These companies are in preliminary discussions with cryptocurrency firms to incorporate stablecoins, linked to the US dollar, with the aim of reducing transaction costs and optimizing cross-border payments.
This interest reflects a significant shift in the perception of cryptocurrencies, driven by a more favorable regulatory environment under the administration of Donald Trump.
Apple, with its payment ecosystem dominated by Apple Pay, has been in talks since January with companies in the cryptocurrency ecosystem, including the stablecoin issuer Circle, according to four sources familiar with the discussions.
Matt Cavin, senior director of strategic partnerships at Circle, has participated in these negotiations, which seek to integrate stablecoins into Apple’s payment infrastructure. The main motivation is to reduce costs associated with traditional payment processors, a goal shared by other tech companies.
BigTechStablecoin
Apple, Google, Airbnb, and X are reportedly in initial talks to integrate stablecoins into their payment systems, aiming to reduce costs and streamline global payments. The news follows Circle's impressive IPO, with shares rising another 40%, indicating growing momentum for stablecoins in finance and technology.
💬 Do you think stablecoins will become the standard for payments?
