Apple's Stablecoin Ambitions Spark Speculation, Billion-Dollar Possibilities

A job listing on Apple's website has sparked speculation that the tech giant is considering adding stablecoin support to its Apple Pay service.

Binance CEO Richard Teng expressed interest in this possibility, tweeting 'Stablecoins on billions of devices?' with a wide-eyed emoji.

The job listing, posted on August 26, seeks someone with 'stablecoin expertise' to join the Apple Pay team and help shape long-term strategy for wallets, payments, and commerce opportunities.

Notably, the application does not mention stablecoins or cryptocurrency directly. However, it does involve partnering with the Apple Card and Apple Cash teams.