Big Tech Companies like X Considering Stablecoin Adoption

From Cointelegraph
June 6, 2025 2:49:00 PM:

Major tech firms like Apple, X, and Airbnb are exploring stablecoins for lower fees and improved cross-border payments. Google is furthest ahead, already facilitating two stablecoin payments. Partnerships between stablecoin infrastructure and tech companies are on the rise, with Mastercard, Visa, and Stripe making significant moves in the space. The GENIUS Act, a US Senate bill seeking to regulate stablecoins, has sparked debate over Big Tech’s potential involvement in the crypto industry. Republican Senator Josh Hawley opposes the bill as it could allow tech companies to issue digital currencies competing with the dollar, prompting Democrats to consider banning Big Tech from creating stablecoins.

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