Big Tech Just Got Stablepilled
While CT’s debating frogs vs. dogs, Silicon Valley is quietly making moves that could change payments forever. 👀
Apple, Google, Airbnb, X (yup, that X). All whispering the same word: Stablecoins.
Here’s the scoop 🥄
🧾 The Rundown:
• Apple’s been in talks with Circle since Jan to plug stablecoins into Apple Pay.
• X (yes, Elon’s everything app) is building X Money, chatting to Stripe, and might slide stablecoins into the mix.
• Airbnb’s eyeing stablecoins to dodge card fees and chatting with Worldpay about it.
• Meta’s warming back up after its Diem drama.
• Google Cloud already accepted payments in PayPal’s PYUSD. No press releases, just sent-the-bill-and-got-paid.
• Uber says it’s “studying” stablecoins for cross-border rideshare $$$.
🗣️”Stablecoins appear to have a practical benefit other than crypto’s historic value. It’s quite promising especially for global companies as it can help reduce costs of moving money around among different countries” — @dkhos, Chief Executive Officer, Uber
🌍 Why Now?
➡️Transaction fees are high.
➡️ Cross-border payments are clunky.
➡️ Stripe’s acquisition of Bridge sent a strong “this is happening” signal.
➡️ Trump’s re-election means regulators are loosening up (yes, seriously).
🚧 But Not So Fast:
• Which coins will they use? USDC? PYUSD? $TRUMP? (Kidding. Kinda.)
• Tether’s regulatory rep is sus, and Circle’s in IPO mode.
• Lawmakers are watching, and not all are comfy with Big Tech going full stablecoin.
📣 TL;DR:
The world’s biggest tech firms are warming up to stablecoins. Quietly now, but not for long.🤞
This is Web3’s Trojan horse into Big Tech UX.
Keep watching Seedify Fam. This is how mass adoption starts!🧨