#BigTechStablecoin
Major technology companies have shown increasing interest in stablecoins with the aim of improving payment processes and reducing costs. Companies like Apple, Google, and X (formerly known as Twitter), as well as Airbnb, are exploring the integration of stablecoins into their financial systems.
This move is considered a significant shift towards decentralized finance with a focus on efficiency. For example, Apple could use stablecoins like USDC through Apple Pay to lower international transaction fees by eliminating banking intermediaries. Similarly, Google Cloud aims to utilize PayPal's PYUSD token to become the backbone of blockchain in global commerce.
