#BigTechStablecoin – When tech giants enter the world of stablecoins
This week, a report from Fortune revealed: Apple, Google, X (Twitter), and Airbnb have all taken initial steps to integrate stablecoins into their payment systems.
This marks a significant turning point as stablecoins – digital currencies pegged to the USD like USDC or USDT – are not only tools in DeFi but are gradually becoming a global payment solution.
Apple is said to have negotiated with Circle, the company behind USDC. Google Cloud has accepted payments in PYUSD. Meanwhile, Elon Musk's X is discussing stablecoin payment integration for X Money with Stripe. Airbnb is also working with Worldpay to process payments in USDC or USDT.
If these platforms successfully implement this, billions of USD in transactions could shift to blockchain, helping to reduce costs and speed up global processing.
Stablecoins are gradually becoming the “breakthrough application” that crypto has been waiting for many years. And this time, the tech giants could be the real catalyst.