Big Techs Eye Stablecoin Integration to Bring Crypto to the Mainstream
Quick take:
- An anonymous source told Fortune that the firms see crypto as a means of cutting transaction costs in their bid to optimize cross-border payments.
- Meta is also reportedly leaning towards crypto despite abandoning its earlier plans due to regulatory challenges.
- They join the likes of Uber, whose CEO Dara Khosrowshahi on Thursday told Bloomberg his company is in the “study” phase of using stablecoins for global transfers.
The tech industry’s biggest players are exploring options to integrate crypto according to sources cited by Fortune. The finance-focused publisher reported on Friday that Apple, X, Airbnb and Google are holding early conversations with crypto firms about integrating…
