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Cryptonews 1 week ago

Apple, X, Airbnb Plot Stablecoin Payment – Could Big Tech Ditch Card Fees for Onchain Settlements? 💰

Leading technology companies, including Apple, X, Airbnb, Google, and Uber, are reportedly considering the integration of stablecoin settlement into their payment systems. This move aims to address compliance issues associated with Tether and USDC, offering a potential reduction in transaction fees and increasing the speed of cross-border payments.

To facilitate this transition, payment processors like Stripe and Worldpay have been consulted to explore efficient token routing methods. The adoption of stablecoins in payments signals a significant shift towards embracing blockchain technology for quick and cost-effective transactions.

Source: cryptonews.com ↗