Anonymous Source Shared Surprise Cryptocurrency Claims for Apple, X, and Airbnb!

The crypto currency sector has been searching for a means to bring blockchain technology into the financial mainstream for a long time.

It seems that this tool could be stablecoins. Stablecoins, which are digital assets indexed to fiat currencies like the dollar, have become a new payment method rapidly adopted by banks and fintech companies. Now, technology giants like Apple, X ( formerly known as Twitter), Airbnb, and Google are also preparing to step into this field.

According to sources speaking to Fortune, the companies in question are holding early-stage meetings with crypto firms to discuss stablecoin integration. The sources indicate that these companies are evaluating the adoption of stablecoins particularly to reduce transaction costs and optimize cross-border payments.

These are not the only major technology companies showing interest in stablecoins. Meta has returned to its payment projects, which were previously shelved due to regulatory hurdles. Uber CEO Dara Khosrowshahi recently stated at the Bloomberg conference that they are in the "research phase" for stablecoins for global money transfers.

The X platform has reached out to crypto companies to integrate stablecoins into its payment application X Money. This initiative, part of Elon Musk's vision for an "everything app," could enable Venmo-like peer-to-peer payment systems among users. In January, X announced it had partnered with Visa to develop a digital wallet. Recently, X also established a partnership with the crypto prediction platform Polymarket.

Apple has been in touch with crypto companies regarding stablecoins since January. According to information obtained by Fortune, Matt Cavin, a senior director from Circle, was also involved in Apple's discussions. Apple currently holds a strong position in payment systems with Apple Pay.

Airbnb, on the other hand, believes that accepting stablecoins as a payment method could reduce the fees paid to payment processors such as Visa and Mastercard. It is stated that the company is in talks with its payment partner Worldpay for this purpose. Worldpay announced last week that it would launch stablecoin payments in partnership with BNVK.

In a statement made by Airbnb, the following expressions were included:

"Although integrating Crypto payments is not our priority at the moment, we are closely monitoring digital assets and their use cases to improve the payment experience."

*This is not investment advice.

Follow our Telegram group, Twitter account, and Youtube channel immediately for exclusive news, analyses, and on-chain data! Also, start live price tracking right away by downloading our Android and IOS applications!