#BigTechStablecoin

The tech giants Apple, X, Airbnb, and Google are holding early conversations with crypto firms about integrating stablecoins to reduce transaction costs and enable cheaper international payments.

They join other tech giants such as Meta and Uber in weighing the adoption of dollar-pegged assets for cheaper transactions amid improved regulatory efforts and investor appetite for stablecoins.

In May, Meta was reported to be investigating whether stablecoins could reduce international transaction costs for its users, such as Instagram creators, though the firm didn't have a specific stablecoin in mind at the time. More recently, the CEO of the ride-sharing firm Uber said that it is in the "study phase" of whether stablecoins could enable lower transaction costs.