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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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Recent Posts
  • Block joins S&P 500, bringing more Bitcoin exposure to equity index
  • Fate of crypto, CBDC bills unclear as US Congress heads into recess
  • Senate Ag Committee set to release a draft in September to explain the CFTC’s role in regulating crypto
  • MoonPay launches Solana staking as investor demand for onchain yield grows
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  • XRP threatens drop to $3: Will bulls step in to buy the dip?
  • WisdomTree’s USDW stablecoin to pay dividends on tokenized assets

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