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Crypto Adoption Continues: Apple, X, Airbnb Exploring Stablecoin Integration – Report
As US lawmakers work on passing crucial crypto-related legislation, multiple tech giants are reportedly exploring the adoption of stablecoins to lower transaction costs and streamline cross-border payments.
Apple, Airbnb, X Eye Stablecoin Integration
On Friday, Fortune reported that several Big Tech companies are in early discussions with crypto firms to integrate stablecoins. Sources familiar with the matter stated that Apple, X, Airbnb, and Google are exploring stablecoin adoption to optimize cross-border payments and lower transaction costs.
According to the report, Airbnb has been in talks with crypto companies since the beginning of the year, aiming to reduce high transaction fees charged by processors like Visa and Mastercard by adopting stablecoin solutions.
The short-term rental platform has reportedly discussed the integration with Worldpay, one of its payment processors. Notably, Worldpay recently announced support for stablecoin payouts through its partnership with stablecoin infrastructure provider BNVK.
An Airbnb spokesperson confirmed:
“While crypto payments aren’t something we’re focused on integrating into the platform in the near future, we’re always looking at all aspects of payments for ways to improve our community’s experience with it, including developments in digital assets and their use cases.”
Similarly, Apple has reportedly been engaged in stablecoin-related talks since January. Four sources claim Apple has held conversations with a senior director at Circle, who works on “strategic partnerships in stablecoin payments.”
X (formerly Twitter) is also actively pursuing stablecoin integration into its new payments platform, X Money. The company is reportedly in talks with Stripe to implement this feature. Patrick Traughber, X’s former head of consumer products and payments, initially led the effort before departing in January for the Sam Altman-backed project World. Payam Abedi, a senior engineer at X, has since taken over the initiative.
More Tech Giants Explore Crypto Adoption
Google Cloud is “arguably the furthest along on stablecoin integrations,” the report noted. Google has already accepted payments in PayPal’s PYUSD, a stablecoin that recently cleared a regulatory investigation by the SEC without enforcement action.
Rich Widmann, head of Web3 strategy at Google Cloud, commented:
“It’s pretty clear that this is probably one of the biggest upgrades to payments since the SWIFT network.”
“We’ve invoiced the customer like we would normally invoice them. They’ve paid that bill the way they would normally pay it. But they’ve used stablecoins to effectuate settlement.”
The report also mentions that other tech firms, including Meta, are exploring stablecoin usage. On Thursday, Uber CEO Dara Khosrowshahi revealed that the company is currently in the “study phase” regarding stablecoins for international money transfers.
Chris Ahn, a partner at Haun Ventures, stated:
“[Stablecoins] are this old idea, but finally I think we’ve got the right pieces coming together such that it’s really coming into fruition.”
Regulatory Shift Boosts Momentum
Under the current Trump administration, US regulators have moved away from a punitive “regulation by enforcement” stance. Instead, they are pursuing clear frameworks and detailed guidelines for the digital asset sector.
This shift has accelerated industry adoption, with several Strategic Bitcoin Reserve proposals and crypto Treasury initiatives now gaining attention. Meanwhile, bipartisan efforts in Congress continue to advance the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which aims to provide the US stablecoin industry with a robust legal foundation for growth.
@ Newshounds News™
Source: Bitcoinist
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US Lawmakers Seek Audit of Federal Gold, Including ‘Deep Storage’
For the first time in over 65 years, Congress is demanding a full-scale audit of America’s gold reserves — just as debt surges past $37 trillion and central banks ramp up gold accumulation.
Gold Audit Bill Demands Inventory of All Federal Bullion Holdings
On June 6, 2025, four Republican lawmakers introduced the Gold Reserve Transparency Act (H.R. 3795), calling for a sweeping audit of the United States’ gold reserves — including long-untouched “deep storage” bullion.
Reps. Thomas Massie (R-KY), Troy Nehls (R-TX), Addison McDowell (R-NC), and Warren Davidson (R-OH) co-sponsored the bill, which mandates:
- A full assay, inventory, and physical audit of all U.S. gold within nine months of enactment
- Recurring audits every five years
- Independent oversight by the Government Accountability Office (GAO) and third-party auditors
The scope covers all bullion at depositories, security reviews, and a 50-year forensic analysis of all gold-related transactions, including:
- Leases
- Swaps
- Sales
- Purchases
- Encumbrances
- Gold indirectly held by or through the Federal Reserve, IMF, or foreign central banks
Crucially, the bill bars redactions in the final public report — excluding only physical security protocols. The GAO and its auditors will receive subpoena power to access any relevant facility or record, while the Treasury and Federal Reserve must provide full documentation.
Calls for Transparency Amid National Debt and Gold Repatriation
Stefan Gleason, CEO of the Money Metals Depository, sharply criticized the lack of oversight in past decades:
“The Treasury has lost records and failed to account for vault openings.”
Gleason’s Idaho-based facility, notably, is twice the size of Fort Knox.
This movement echoes long-standing calls from figures like Senator Rand Paul and his father Ron Paul, who have both advocated for a Fort Knox audit.
With U.S. national debt surpassing $37 trillion, and Germany repatriating gold from the New York Fed, concerns over American-held gold have escalated. JP Cortez of the Sound Money Defense League called the audit effort a “national security issue,” rejecting performative “walkthroughs” as inadequate.
A Gold Audit vs. Bitcoin’s Blockchain Transparency
While Bitcoin (BTC) enjoys real-time public verification of its entire history and supply via the blockchain, U.S. gold reserves remain shrouded in obscurity.
“Unlike bitcoin, the U.S. gold system lacks inherent transparency,” the bill’s authors contend.
If passed, the Gold Reserve Transparency Act would usher in regular physical audits and the disclosure of decades of potentially opaque transactions — a stark contrast to Bitcoin’s cryptographic, decentralized proof-of-reserve.
What If Fort Knox Is Empty?
Financial provocateur Robert Kiyosaki has added fuel to the fire, warning:
“If Fort Knox’s vaults turn up empty, America’s entire economic infrastructure could come tumbling down.”
The results of the audit — if it passes — are expected to be made publicly available online, setting the stage for a new era of financial transparency or potentially devastating revelations.
@ Newshounds News™
Source: Bitcoin News
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