As US lawmakers work to pass important encryption legislation, many technical giants are exploring STABLECOIN’s adoption to lower transaction costs and simplify border payments.
Apple, Airbnb, X Eye Stablecoin Integration
Fortune reported on Friday that several large companies are integrating Stablecoins through their initial dialogue with Crypto. Sources familiar with this problem say that Apple, X, Airbnb, and Google are looking for Stablecoin to optimize the payment and transaction costs between the border, X, Airbnb, and Google in New Media Outlet.
According to the report, Airbnb has talked with a crypto company from the beginning of the year and adopts Stablecoins to reduce the transaction costs of payment processors such as VISA and Mastercard.
Crypto Company Executive argued that the short -term home rental platform discussed the integration of Stablecoin with one of the payment processors. In particular, WorldPay has recently announced that it will enable Stablecoin payment with Stablecoin Infrastructure Company BNVK.
“We are always looking for a way to improve the experience of the community, including the development and use of digital assets, rather than focusing on integrating into the platform in the near future.”
Similarly, Apple has been talking to STABLECOINS since January to integrate Stablecoins into a payment infrastructure, four sources told Fortune. The talks include discussions with Circle, who works as a “strategic partnership of Stablecoin Payment.”
Social Media Platform XX recently contacted Crypto Company with Crypto Company about integrating Stablecoins into a new payment app, X Money. ELON Musk’s platform is talking to the Payments processor stripe for integration.
X’s former consumer product and payment, Patrick Traughber, left the company in January and led the discussion before working at Crypto Project World, supported by Sam Altman. Now, X’s senior software engineer Payam Abedi is leading the conversation.
More technical giants explore encryption
Google Cloud is “the farthest in the integration of Stablecoin,” the report has already accepted the payment from two customers in Paypal’s Pysud, and recently, Securities and Exchange Commission (Sec) the probe as Stablecoin without execution. I saw the end.
Rich Widmann, head of the WEB3 strategic director of Google Cloud, told the news media outlet that “This is probably one of the biggest upgrades for pay after the Swift network.”
“We generally filed a customer as if invoice invoice. They usually paid the bill in a way of paying. But they used stablecoins,” he explained.
The report pointed out that other large companies, including META, are also exploring Stablecoin. On Thursday, Uber CEO Dara Khosrowshahi said the company is in the “study” stage of Stablecoins for global funding.
On the other hand, Chris Ahn, a Haun ventures partner, said, “(Stablecoins) is this old idea, but finally we think that it has collected the right piece to make it actually fruitful.”
According to the Trump administration, it is worth noting that the US regulatory agency has tried to set up a clear framework for detailed guidelines and the encryption industry.
Recent changes have raised the adoption of the industry to a new level, and numerous strategic Bitcoin preliminary proposals and financial plans have created headlines. In addition, US lawmakers continue to work on the development of the US Stablecoins (Genius) ACT, a law aimed at the growth of the US Stablecoin industry.
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