Tech Giants Explore Stablecoin Integration Amid Crypto Legislation Developments

Major technology firms including Apple, X (formerly Twitter), and Airbnb are reportedly in early-stage discussions to integrate stablecoins into their payment systems. The MOVE aims to reduce transaction costs and streamline cross-border payments, according to sources familiar with the matter.

Airbnb has been actively exploring stablecoin adoption since early this year, engaging with payment processor Worldpay and stablecoin infrastructure provider BNVK. While the company confirmed no immediate plans for crypto integration, it emphasized ongoing evaluation of digital assets for payment improvements.

The developments coincide with US lawmakers' efforts to pass crucial cryptocurrency legislation, signaling growing institutional interest in blockchain-based payment solutions despite regulatory uncertainties.