Stablecoins coming to Apple, X, Airbnb, Uber and Google platforms

Crypto stablecoins are coming major technology companies including Apple, X (twitter), Airbnb, and Google. This is being done to reduce the transaction costs and improve cross-border payment efficiency. 

Another giant, Uber is also studying the use of stable coins in global money transfers. 

While some companies are also considering issuing their own stable coins, there are plenty of legal constraints that prevent them from doing so. 

This does not mean they would be offering users to pay via stable coins – they just want to reduce the transaction incurred by credit card providers such as Visa and Mastercard. This was confirmed by Airbnb, which said that they are not looking forward to integrate cryptocurrency payments anytime soon but they would using stablecoins to improve the overall experience. 

So which stable coins will make the cut? Our bets are on USDC since it is owned by Circle, and is not under any scrutiny, unlike the Tether’s USDT. 

Mainstream stablecoin adoption is closer than you think. While stable coins are not anything new, they are finally getting the attention of the technology giants. 

Some say it will be the next big thing since the SWIFT network that is expensive and slower than the stable coin transfer.