#BigTechStablecoin "Big Tech stablecoin" is a phrase that can mean several things depending on the context. Below are possible interpretations and examples:
📌 What does "technological stablecoin" mean?
A stablecoin is a cryptocurrency whose value is tied to some stable asset, for example:
to the US dollar (e.g., USDT, USDC),
to the euro (e.g., EURC),
to gold or other commodities.
A technological stablecoin is a stablecoin created or supported by a large technology company or using high-tech solutions (e.g., scalability, fast transactions, compatibility with DeFi, etc.).
🔝 Examples of "big" technological stablecoins:
1. PayPal USD (PYUSD)
Issued by PayPal.
Pegged to the US dollar.
Used in the PayPal and Venmo ecosystem.
Support for the Ethereum blockchain.
2. USDC (from Circle, supported by major IT companies)
One of the most regulated and technological stablecoins.
Used in most DeFi applications.
Partnerships with Coinbase, Visa, Stripe, and other tech companies.
3. Diem (formerly Libra from Meta/Facebook) - project closed
Originally conceived as a global technological stablecoin.
Support from Facebook, WhatsApp, and other platforms.
The project was shut down due to regulatory pressure.
💡 Possible characteristics of a "big" technological stablecoin:
Launched by a Big Tech company (Meta, Google, Amazon, Apple, Microsoft).
Has broad infrastructure support (wallets, exchanges, banking partners).
Built into payment systems, applications, or marketplaces.
Backed by real reserves and transparent.
Operates on powerful blockchains with scalability and security.
