#BigTechStablecoin

The market capitalization of stablecoins has increased by 90% since January 4, 2024, making stablecoins possibly the first widespread use case of cryptocurrencies.

Reportedly, the growing push for stablecoin regulation in the United States is prompting major tech companies like Apple, X, and Airbnb to explore the integration of digital tokens.

According to a Fortune report from June 6, at least four tech companies, including Apple, X, Airbnb, and Google, are exploring stablecoins to reduce fees and improve cross-border payments. Each company is at a different implementation stage, with Google perhaps leading the way, having already facilitated two payments with stablecoins.