#BigTechStablecoin It is a cryptocurrency linked to a stable value, usually the dollar (USD).
E.g.: USDT, USDC, PYUSD (PayPal USD).
🏢 Which big companies are involved?
✅ PayPal
Launched PYUSD, its own stablecoin backed by USD.
Aims to integrate it into global payments and fintech services.
✅ Meta (Facebook)
Tried to launch Diem (formerly Libra), but the project was canceled under regulatory pressure.
Now focuses on blockchain infrastructure with its wallet Novi (closed in 2022).
✅ Amazon, Apple, Google
Do not have their own stablecoins, but are exploring integrations with crypto payments, wallets, and blockchain on their platforms.
🌐 Why does this matter?
Stability: Stablecoins avoid the volatility of traditional cryptocurrencies.
Scalability: Big Tech has millions of users. If they adopt stablecoins, it could accelerate mass adoption.
Regulation: Attract attention from governments and central banks.