Big Techs consider adopting stablecoins as GENIUS Act debate continues
The market capitalization for stablecoins has risen 90% since Jan. 4, 2024, making stablecoins arguably crypto’s first mainstream use case.
Update (7:40 pm UTC): This article has been updated to include a statement from Google.
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.
