$USDC

Big tech companies are increasingly exploring stablecoins, digital currencies tied to stable assets like the US dollar, to revolutionize payments. Companies like Apple, X (formerly Twitter), Google, and Airbnb are at different stages of integrating stablecoins into their platforms.

Their main drivers include reducing transaction costs, especially for cross-border payments, and enhancing speed and efficiency. Meta (formerly Facebook) had previously attempted to develop a stablecoin with Diem, facing legal hurdles, but renewed interest highlights changes in the legal landscape and growing acceptance. PayPal has launched its stablecoin PYUSD. This trend could significantly disrupt traditional finance by leveraging the vast user bases and infrastructure of major tech companies.