#BigTechStablecoin #BigTechStablecoin: Why do big tech giants dream of their own stablecoins?

Stablecoins are cryptocurrencies tied to stable assets (for example, the dollar). They are convenient for payments and are not subject to the volatility of Bitcoin or Ether. That’s why big tech companies like Meta (formerly Facebook), Google, or Amazon are considering the idea of launching their own stablecoins.

Why do they need this? Control over internal transactions, reduced costs for processing payments, and the creation of their own financial ecosystem. Meta's Libra project did not withstand regulatory pressure, but this is just the beginning.

Imagine AmazonCoin, which you use to pay for purchases, or GooglePayCoin — for advertising or YouTube. This is not science fiction, but a potential reality of the next decade.