$USDC Cryptocurrency designed to maintain a stable value (e.g., USDT, USDC), usually pegged to the dollar or another asset.
Big Tech: global technology companies with significant market power and influence.
BigTechStablecoin: a stablecoin developed, sponsored, or integrated into the products and services of these tech giants.
Goals and interests of Big Tech:
Facilitate fast and cheap global payments.
Integrate financial solutions into their own ecosystems (e.g., social networks, marketplaces, mobile devices).
Expand financial services in regions without access to banking.
A well-known example: Meta's attempt to launch the Diem stablecoin (formerly Libra), which faced strong regulatory opposition and was ultimately canceled.