#BigTechStablecoin #BigTechStablecoin
Big Tech's involvement in stablecoins is a highly debated topic, especially with the potential passage of the Stablecoin Act by August. One of the concerns is that Big Tech firms could expand into payments, giving them the power to "print their own money" or use consumer data to corner markets ¹.
There are different opinions on this matter. Some believe that Big Tech firms should not be precluded from economic activities due to hypothetical fears, as long as they comply with regulations. However, others argue that this could