#BigTechStablecoin Big tech companies are exploring stablecoin integration to reduce transaction costs and enhance cross-border payments. Here's a breakdown ¹ ²:

- *Companies Involved:*

- *Apple*: Discussing stablecoin integration with Circle, the issuer of USDC, to modernize international transactions and lower processing fees for Apple Pay and the App Store.

- *X (formerly Twitter)*: Partnering with Stripe to integrate stablecoin payments into its X Money app, aiming to create a seamless user experience for sending and receiving digital dollars.

- *Airbnb*: Exploring stablecoin-based payments with Worldpay to reduce international transaction costs and improve host payouts.

- *Google*: Facilitating stablecoin payments and evaluating stablecoins for safe and sound transactions, with Google Cloud enabling stablecoin processing in collaboration with PayPal's PYUSD token.

- *Regulatory Landscape:* The GENIUS Act, a bill providing a regulatory framework for stablecoins, is being debated in the US Senate, with potential amendments to ban Big Tech companies from issuing their own stablecoins.