#BigTechStablecoin Big Tech companies have shown growing interest in stablecoins, aiming to integrate digital payments into their ecosystems. Meta (formerly Facebook) attempted this with Libra (later Diem), a stablecoin project backed by a basket of assets, but regulatory backlash led to its shutdown in 2022. Apple, Google, and Amazon haven't launched native stablecoins but offer digital wallets and payment systems that could support them in the future. PayPal introduced PYUSD, a USD-backed stablecoin issued by Paxos, signaling fintech's move into stable digital currencies. While Big Tech stablecoins face regulatory hurdles, they hold potential to reshape global payments and digital commerce.
