#BigTechStablecoin
Big Tech stablecoin refers to digital currencies issued or backed by major technology companies like Facebook (Meta), Google, or Amazon. These stablecoins are typically pegged to fiat currencies (e.g., USD) and aim to facilitate seamless digital payments within tech ecosystems. A key example is Meta’s former Diem (originally Libra), which sought to create a global stablecoin. Big Tech stablecoins raise regulatory concerns over privacy, financial stability, and monopolistic power, given their massive user bases. While most projects have faced resistance, the idea reflects how tech giants aim to reshape finance through blockchain and digital currency innovation.
