Apple and Google are on the hunt for crypto experts to enhance their financial services amid growing interest in stablecoins.
Summary
- Apple is hiring a strategist with expertise in stablecoins and blockchain to enhance Apple Pay.
- Google Cloud seeks a Web3 architect to engage with financial entities in the Asia-Pacific region.
- No new stablecoin or blockchain products have been announced by either company.
As financial institutions increasingly adopt tokenized assets, both Apple and Google are actively recruiting professionals with knowledge in stablecoins and blockchain technologies, as highlighted by their latest job openings.
Apple's job listing seeks a New York-based strategist to guide the development of Apple Pay products, emphasizing the importance of blockchain expertise. Meanwhile, Google Cloud is looking for a Web3 architect to assist clients in the digital asset sector, primarily across the Asia-Pacific region, while shaping its product strategy in this space.
The role at Apple supports initiatives like Apple Card and Apple Cash, which involve credit services, peer-to-peer transfers, and stored value offerings. Responsibilities include evaluating new frameworks, business models, partnerships, and growth opportunities within Apple’s Wallets, Payments, and Commerce divisions.
According to the job description, the ideal candidate should be a strategic thinker capable of combining analytical skills with business acumen to drive projects in a dynamic, collaborative setting. Familiarity with stablecoins, tokenized deposits, and blockchain technology is a key requirement, along with experience in payment systems.
Stablecoins, such as Tether's USDT and Circle's USDC, are digital assets typically linked to fiat currencies like the U.S. dollar. However, the listing does not suggest any immediate plans for Apple to incorporate these technologies into its payment services.
On the other hand, Google is on the lookout for an Industry Principal Architect for Web3 based in Hong Kong. This role will involve advising Google Cloud's customers, which include blockchain foundations and financial institutions involved in asset tokenization and decentralized application development.
Google's listing notes that the architect will address common challenges in the industry, create reusable reference architectures, and influence the Web3 product roadmap, positioning Google Cloud as a preferred platform for Web3 developers and institutional users.
While Apple is just beginning its foray into the stablecoin space, Google has already made strides in blockchain, with plans for its Google Cloud Universal Ledger aimed at enhancing wholesale payments and asset tokenization. Google is also a supporter of the Open USD stablecoin initiative, collaborating with major firms like Coinbase, Visa, and Mastercard.
Other companies in the payment and technology sectors are also embracing stablecoins for transaction settlements, with Visa recently reporting an annualized stablecoin settlement volume exceeding $20 billion, while Mastercard has broadened its support for stablecoin transactions, including USDC and Ripple's RLUSD.
