#BigTechStablecoin Big Tech is making significant moves into stablecoins, a type of cryptocurrency pegged to stable assets like the US dollar. Companies such as Apple, Google, Airbnb, X (formerly Twitter), Meta, Stripe, and PayPal are reportedly exploring or actively integrating stablecoins into their payment systems. The primary drivers are to reduce transaction fees, especially for cross-border payments, and improve payment efficiency.
These initiatives signal a shift where blockchain technology is moving beyond speculative crypto trading to become a core infrastructure tool for global payments. Regulatory developments, like the potential GENIUS Act in the US, are also creating a more favorable environment for stablecoin adoption, paving the way for a potentially trillion-dollar market.