Tech Giants Explore Stablecoins as GENIUS Act Debate Intensifies

Big Tech firms are increasingly turning to stablecoins as a potential solution for lowering transaction fees and improving cross-border payments, driven by the momentum of US regulatory developments. Reports suggest companies like Apple, X (Twitter), and Airbnb are exploring this avenue, seeking to reduce dependence on traditional payment processors such as Visa and Mastercard. Google, perhaps leading the charge, has already facilitated two stablecoin transactions.