Recently, technology giants such as Apple, Google, X, and Airbnb are actively exploring the application of stablecoins, engaging with crypto companies to reduce transaction costs and optimize cross-border payment processes. Stablecoins, due to their price stability features, are seen as a breakthrough for blockchain technology to enter mainstream finance. The implementation of Hong Kong's "Stablecoin Regulations" and the EU's "Crypto Assets Market Act" provides regulatory assurance for the development of stablecoins. However, tech giants face challenges in choosing compliant stablecoins, such as the compliance risks of Tether and the uncertainty of USDC's issuer. The entry of tech giants may further mature the stablecoin market and accelerate the integration of financial technology and digital assets.