Apple, X and Airbnb between the increasing number of large technology companies that explore the adoption of encryption

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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 sources familiar with the matter, appleand xand AirbnbAnd Google They are all early talks 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 Stablecoin as a way to reduce the costs of transactions and improve the cross -border payments.

Apple, X, Airbnb and Google are not the only major technology names that explore Stablecoins. And include others DeadAnd it is again Tend to Payment technology after abandoning an ambitious batch earlier failed to face the organizational reaction. Opening CEO Dara Joshroshi He said Rideshare Company is in the “study” to use Stablecoins to transfer global funds at Bloomberg on Thursday.

Attention comes from Big Tech with a stablecoins Millions In financing the project and the interest of the legislator, where Congress weighs two projects that would regulate the assets category. He follows his teacher acquisition From the giant payments tape From the Stable Startup Bridge Bridge, which was the starting gun for many in the Silicon Valley to take technology seriously.

“(Stablecoins) this old idea, but finally I think we have the right pieces that bring together their fruits.”

X and Apple did not respond to the suspension requests.

“” luckWho confirmed that the technology giant was exploring 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.

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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 changed with the re -election of Donald Trump, whose administration was Blockchain embraced The agencies have ordered the censorship of the encryption industry.

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.

Accepting Stablecoins as a form of payment will allow Airbnb to reduce the transactions fees paid by processors such as Visa and MasterCardAccording to One Crypto is an executive company. The holiday rental company speaks with one of its own payment processors, WorldPay, about the use of Stablecoins, according to CRYPTO executive. WorldPay Declare Last week, it will enable it to stablecoin batches with its partner, Stablecoin Infrastructure.

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 Declare 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. His fans LinkedIn The profile lists the title “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 from the US -backed Stablecoin, has long had a long time Fears Its approach to compliance, its main competitor, USDC, faces an uncertain future ownership As her mother company, Circle, he just passed through the first audience an offer practical. 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 end 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



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