$USDC The goal is to reduce the extreme fluctuations present in cryptocurrencies like Bitcoin.

Example: USDT, USDC, BUSD.

🔹 What is meant by Big Tech Stablecoin?

A stablecoin issued or managed by a giant technology company.

It may be linked to the dollar or a basket of currencies, and is used in payment systems or within the company's own platforms.

🔹 Real-world examples:

Diem (formerly Libra) from Facebook/Meta:

It was a project for a stablecoin backed by major technology and finance companies. It failed due to regulatory pressures.

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