#BigTechStablecoin #BigTechStablecoin

Overview:

Stablecoin – a digital currency tied to the value of stable assets (like USD) – is becoming a strategic territory for Big Tech companies such as Meta (Facebook), Google, Apple, and Amazon. After the failure of Libra (Diem), a new wave is quietly returning with a more systematic scale, deeply integrated with the existing ecosystem.

Why are Big Tech companies interested in Stablecoin?

• Increased control over cash flow: Reduced dependence on banks and the intermediary payment system.

• Deep integration within the ecosystem: Payments on social networks, app stores, e-commerce.

• Optimizing transaction costs & financial data: Each transaction is a gold mine of data.

Current trends:

• Meta is testing decentralized wallet solutions and cross-border transactions integrated with AI.

• Apple Pay & Google Pay have integrated many cryptocurrency features, serving as a stepping stone for internal stablecoins.

• Amazon may use stablecoins to reduce transaction fees and expand into emerging markets.🫶🏻🫶🏻🫶🏻