Stablecoins backed or developed by big tech companies such as:
Meta (formerly Facebook) – Diem project (formerly Libra)
PayPal – PayPal USD (PYUSD)
Amazon or Apple – Rumors and future initiatives
🤖 Why are big companies interested in stablecoins?
#BigTechStablecoin
✅ Expanding control over the digital financial system
✅ Facilitating global payments
✅ Collecting accurate economic data
✅ Competition with central banks and traditional currencies
💣 What are the associated concerns?
#BigTechStablecoin
⚠️ Excessive centralization
⚠️ Threat to monetary sovereignty
⚠️ Greater monitoring and control over user data
⚠️ Resistance from governments and central banks
📌 Did you know?
#BigTechStablecoin
The Diem project was halted due to strong resistance from regulators, but the path is not closed yet!
Many companies are now moving towards partnerships with networks like Ethereum and Solana to develop stable payment solutions.
🧭 The future?
#BigTechStablecoin
We are likely to see licensed stablecoins backed by big corporations, but under strict government oversight.
↪️ The race has begun, but under new conditions.