#BigTechStablecoin

Challenges and Risks:

Regulation: Stablecoins face increasing regulatory scrutiny, especially in the United States, with bills like the STABLE Act and GENIUS Act aimed at regulating them.

Financial Risks: Some stablecoins have failed to maintain their stability or have lost their value entirely due to insufficient reserves.

Security: Integration with stablecoins may expose companies to hacking or fraud risks.