#BigTechStablecoin A big tech stablecoin is a digital currency issued by major technology companies, designed to maintain a stable value by being pegged to a fiat currency like the U.S. dollar. These stablecoins leverage the vast user bases, infrastructure, and global reach of tech giants to enable seamless digital payments, cross-border transfers, and financial services. By integrating into popular platforms and apps, they offer convenience and speed while reducing reliance on traditional banking. However, they also raise concerns about privacy, financial stability, and corporate power. Examples include Meta’s former Diem project and Apple or Amazon’s potential ventures into digital currencies.
