#BigTechStablecoin The entry of Big Tech into the world of stablecoins can completely transform the global financial system. Companies like Meta (formerly Facebook) attempted projects like Diem, and now we see initiatives around the tokenization of fiat money by other tech giants. The distribution power and user base of these companies allow them to launch products with mass adoption. However, this raises concerns about privacy, regulation, and financial control. Unlike decentralized stablecoins or those issued by crypto companies, Big Tech may have more commercial than financial objectives.
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