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All About Stable Coins
BTC remains range-bound between $100K–$110K
David J Hultgren
June 09, 2025 • Estimated Reading Time: 3 minutes
🔔 Big Tech Eyes Stablecoins for Payments Revolution
Major tech firms including Apple, X , Airbnb, Google Cloud, and others are exploring stablecoin integration to streamline payments and reduce fees. Talks are still early, but the trend signals growing interest in blockchain-based financial infrastructure.
Apple is reportedly in discussions with Circle to integrate USDC into Apple Pay. X is considering stablecoin use in its payments layer via Stripe, which recently acquired Bridge for stablecoin settlement. Airbnb and Uber are exploring ways to cut cross-border payment costs, while Google Cloud already accepts PYUSD from select clients.
Driving this momentum: stablecoins processed $27.6 trillion in 2024, more than Visa and Mastercard combined. The Circle IPO and rising political support, including the proposed GENIUS Act, are further pushing stablecoins into the mainstream.
Still, there are hurdles. Concerns around auditing (e.g., Tether), limited adoption (PYUSD), and regulatory constraints on corporate-owned stablecoins persist. Rather than launch their own coins, tech firms may partner with existing providers.
Bottom line: Stablecoins are moving from crypto fringes into Big Tech’s payment plans—hinting at a possible shift in how digital transactions are settled globally.
How’s the main doing
📊 Bitcoin Traders Brace for Key Economic Data & Market Volatility
Bitcoin is trading cautiously this week amid major macroeconomic events, including U.S.-China trade talks and upcoming U.S. inflation and job reports. Currently at $107,423 (up 1.8% today), BTC remains range-bound between $100K–$110K, with low volatility and slowing on-chain activity. Daily transactions just hit a one-year low, signaling reduced network momentum.
QCP Capital notes that Bitcoin's implied volatility is at its cheapest in a year, but actual price swings remain even smaller. A breakout above $110K or drop below $100K could reinvigorate market momentum—but there’s no clear catalyst yet.
Analysts suggest Bitcoin may be prepping for a long-term breakout, with strong liquidity around $106,736 potentially acting as a magnet for price action. Meanwhile, fewer investors are selling at a loss, easing downward pressure.
Key chart patterns—cup-and-handle and bull flag formations—suggest a potential surge toward $140K–$150K if BTC clears $109K and maintains upward momentum. However, near-term risks remain. A rise in inflation could rattle markets and trigger a short-term dip to $104K or even $101,500.
With traders eyeing Wednesday’s inflation data and Thursday’s job report, the week could define Bitcoin’s next major move.