#BigTechStablecoin The term Big Tech Stablecoin refers to initiatives by global technology companies aiming to issue stablecoins backed by real assets, with the goal of facilitating digital payments and large-scale remittances.

The most emblematic case was Libra (later Diem), driven by Meta (Facebook). Its proposal included a stablecoin backed by a basket of fiat currencies, managed by an independent association. However, it faced global regulatory resistance and was eventually canceled.

Regulators fear that a stablecoin controlled by a Big Tech could:

• Destabilize local currencies,

• Evade capital controls,

• Concentrate financial power in non-bank platforms.