Wave of Big Tech companies—including Apple, Google, X (formerly Twitter), and Airbnb—are reportedly exploring their integration.
According to sources cited by Fortune, these companies are in early discussions with crypto firms about how to implement stablecoins into their platforms.
The sources, who requested anonymity due to the private nature of the talks, said that stablecoin adoption is being considered as a strategy to lower transaction costs and optimize cross-border payments, areas where current financial infrastructure remains slow and expensive.
Stablecoins are digital tokens pegged to the U.S. dollar or other fiat currencies, offering the benefits of blockchain without the volatility associated with traditional cryptocurrencies. Their growing use by banks and fintechs is now drawing the attention of Silicon Valley’s biggest players.
The interest extends beyond just these four companies. Meta is reportedly revisiting payment tech initiatives after shelving its Diem project under regulatory pressure. Uber CEO Dara Khosrowshahi confirmed during a Bloomberg conference that the company is currently in the “study phase” of applying stablecoins for international money transfers.
The discussions mark a major step toward mainstream blockchain integration, potentially opening the door for billions of users to interact with crypto-backed assets through everyday platforms.
Source: https://coindoo.com/apple-google-airbnb-and-x-explore-stablecoin-integration-for-payments/