#BigTechStablecoin

Stablecoins of Tech Companies: What Are They?:

Cryptocurrencies pegged to assets (like the dollar) to reduce volatility (such as USDT, USDC).

Role of Big Tech: PayPal: Launched PYUSD (2023) to facilitate digital payments.

Meta: Attempted to launch Libra/Diem (halted 2022), now exploring new partnerships.

Apple, Google, X, Airbnb: Early talks to integrate stablecoins into cross-border payments (June 2025).

Stripe: Acquired Bridge (2024) to enhance stablecoin infrastructure.

Benefits: Fast and cheap transactions, expanding financial services for the unbanked.

Challenges:

Regulation: The U.S. GENIUS Act raises discussions about Big Tech involvement (June 2025).

Risks: Consumer protection, transparency, and the impact of large corporations on the financial system.

Forecast 2025: Growth of the stablecoin market to $400 billion with more banks and companies entering.