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Big Techs consider adopting stablecoins as GENIUS Act debate continues

cryptoweekly by cryptoweekly
June 6, 2025
in bitcoin, News
0

The market capitalization for stablecoins has risen 90% since Jan. 4, 2024, making stablecoins arguably crypto’s first mainstream use case.

Growing momentum for United States stablecoin regulation is reportedly pushing major tech firms like Apple, X, and Airbnb to explore digital token integration

According to a June 6 report from Fortune, at least four tech companies, including Apple, X, Airbnb and Google, are exploring stablecoins as a means to lower fees and improve cross-border payments. Each company is in a different stage of implementation, with Google perhaps the farthest ahead, having facilitated two stablecoin payments already.

Payment infrastructure companies are playing a role. For instance, Airbnb has been talking with Worldpay about using stablecoins, seeking to cut fees from credit card payment processors like Visa and Mastercard.

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  • Nobitex source code leaked after $100M hack by pro-Israel group
  • South Korea to investigate fees by local crypto exchanges
  • Nobitex source code leaked after $100M hack by pro-Israel group
  • South Korea to investigate fees of local crypto exchanges
  • Binance’s CZ suggests ‘will function’ to distribute crypto in case of death
  • Need ChatGPT’s help? It could be making you dumber
  • Ohio House passes bill allowing up to $200 tax-free crypto payments

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