The idea of a Big Tech stablecoin—like one issued by a tech giant such as Meta, Amazon, or Google—has generated much debate. Such a move could revolutionize digital payments, especially in emerging markets, by offering instant, low-cost transactions. However, it also raises serious regulatory, privacy, and antitrust concerns. Governments may resist due to the threat it poses to monetary sovereignty. While Diem (formerly Libra) by Meta failed to launch, the interest hasn’t waned. If done right, a Big Tech stablecoin could bridge the gap between traditional finance and crypto adoption, but it must be transparent, compliant, and globally accepted. #BigTechStablecoin
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