Apple, X, and Airbnb among growing number of Big Tech firms exploring crypto adoption

The encryption industry has always sought a “killer application” to bring Blockchains to the financial current, and in Stablecoins, you may have found one. Banks and technology quickly adopt Stablecoins – successful symbols associated with the value of the dollar – and now large technology companies are preparing to do the same. According to informed sources on this issue, Apple, X, Airbnb and Google are taking early conversations with encryption companies about the integration of Stablecoins.

Sources that spoke luck Provided that his identity is not disclosed to discuss private business talks, companies said that companies are looking at the adoption of encryption assets as a way to reduce the costs of transactions and improve payments across the border.

Apple, X, Airbnb and Google are not the only major technology names that explore Stablecoins. Others include Meta, which again tends to pay technology after abandoning an ambitious batch earlier that failed to face the organizational reaction. Uber CEO, Dara Joshushahi, said that Rideshare in the “study” stage to use Stablecoins to transfer global funds at the Bloomberg Conference on Thursday.

Attention comes from Big Tech, as Stablecoins attracted millions in financing the project and the attention of the legislator, as congress weighs two projects that regulate the assets category. The acquisition of the teachers from the giant payment bar of the Stable Startup Bridge Bridge, which served as a starting gun for many in the Silicon Valley to take technology seriously.

“[Stablecoins] “Is this old idea, but I finally think we have the right pieces that gather so that it will really be fruitful,” said Chris Ahn, the Haun Ventures partner, who was an early investor in Bridge.

X and Apple did not respond to the suspension requests.

“” luck. He emphasized that the technology giant was exploring the integration of Stablecoin.

“Although encryption payments are not something we focus on integration into the podium in the near future, we are always discussing in all aspects of payments for ways to improve our society’s experience, including developments in digital assets and their use cases,” said Airbnb.

Airbnb, X and Apple

While Big Tech has long been at the forefront of innovation of payments, Silicon Valley was hesitant to move to encryption due to the organizational campaign in the framework of the Biden administration. This has changed with Donald Trump’s re -election, whose administration embraced Blockchain and has ordered agencies to reduce censorship control.

In the case of Airbnb, a short -term homes rental platform was holding talks with encryption companies about the integration of Stablecoins since the beginning of this year, according to four sources familiar with the matter.

The acceptance of Stablecoins as a form of payment would allow Airbnb to reduce the transactions fees paid by processors such as Visa and MasterCard, according to One Crypto Company. The holiday rental company speaks with one of its own payment processors, WorldPay, about the use of Stablecoins, according to CRYPTO executive. WorldPay announced last week that it will enable the Stablecoin batches with its partner, Stablecoin Infraest Infrastructure Company.

A spokes of WorldPay said luck The company “does not comment on our customers.”

The Elon Musk’s social media platform is in contact with the encryption companies about the integration of Stablecoins into the emerging payments application called X Money, according to three sources. Musk, a former Fintech Giant PayPal, expressed their aspirations for the creation of “Application of everything”, which is likely to include intravenous options for users to facilitate peer payments to peers. In January, X announced a partnership with Visa to create a digital portfolio.

X is currently talking with the payment processor tape to integrate the potential Stablecoin payments, according to one source familiar with the matter. A STRIPE spokesman rejected the comment.

Patrick Traum, the former president of consumer products and payments, led the discussions but left in January to work in the world of the SAM Altman’s encryption project, supported by Sam, according to two sources. Payam Abedi, Senior Software Engineer in X, now leads conversations, according to two sources. Its public file lists its title as “Money in X.” Abbdi refused to comment, and Trobber did not respond to the requests for comment.

Apple, which already has a huge presence in the ecosystem of payments thanks to its Apple Pay system, has been in talks with encryption companies since January about the integration of Stablecoins into payment infrastructure, according to four sources. One of these people said luck These talks included talks with Matt Cavin, the first director of the Stablecoin Source Department, which lists the General LinkedIn profile his job description in Circle as “strategic partnerships in Stablecoin payments”. Circle did not respond to the comment.

Head

While these three companies are in early conversations, it can be said that Google Cloud is the farthest on Stablecoin’s integration. The giant technology company has already accepted payments from two of its clients in Pyusd, PayPal has been launched in partnership with Stablecoin Infrastructure Paxos. “We have made customer bills as if we had usually fascinated them. luck.

Although Widmann refused to say whether the other departments within Google explored Stablecoins, he said that Stablecoin’s payments passed through the Google Central Accounting Office. “There is no branch separate from the stablecoin payments inside the cloud,” he said.

He told one of the CEOs for encryption in large technology discussions luck This main barrier of companies will decide any stablecoins that will merge it. Tether, which is released by the US -backed Stablecooin, has had long -term concerns about its approach to compliance, and facing its main rival, USDC, an uncertain future ownership such as Mother Company, Circle, just passed the initial public offering process. Other options, such as Pyusd Paypal, face low adoption. The CEO said that some large technology companies may consider launching their Stablecoin, although Democratic lawmakers have sought to reduce this option.

Although discussions of companies such as Airbnb and X are still primary, Haun Ventures’ AHN said that the changing environment towards encryption makes Stablecoins increasingly attractive to large technology. “Because they are larger companies, they want to know that there is legitimacy here,” he said. luck. “This credibility is provided, not only from the regulatory aspects of it, but they actually see high -tech leaders like Stripe who tend to this and believe,” I can trust this as well. “

This story was originally shown on Fortune.com

2025-06-06 12:46:00