Breaking: Apple Exploring Crypto Integration

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U.Today
06-06

According to a Friday report by Fortune, tech behemoth Apple is currently discussing stablecoin integration with cryptocurrency firms. 

Apart from Apple, some other prominent firms, such as Alphabet and Airbnb, are also having similar discussions. 

Stablecoins are now emerging as the long-awaited "killer app" that could potentially take the industry mainstream. 

As reported by U.Today, Apple CEO Tim Cook confirmed that he personally held crypto as of 2021. However, the tech titan, which boasts a market cap of $3 trillion, has so far refrained from touching crypto. 

Apple co-founder Steve Wozniak previously spoke favorably of Bitcoin, describing the leading cryptocurrency as "pure-gold mathematics."

Last October, Strategy CEO Michael Saylor opined that Apple had to consider buying $100 billion worth of Bitcoin. 

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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