The entry of technology giants (such as PayPal, Meta, Apple, Google, etc.) into the issuance or integration of stablecoins has a structural and profound impact on the cryptocurrency market.

Below is a comprehensive analysis from different perspectives:

1. Main forms of stablecoin entry by technology giants

Self-issued stablecoins: such as PayPal's PYUSD, Meta previously launched Diem (formerly known as Libra)

Integration of third-party stablecoin wallets: such as Apple Pay / Google Pay allowing access to USDC, USDT

Cross-border payments and settlements: achieving real-time settlements through stablecoins, reducing fees and time costs

Investment in Web3 infrastructure: cloud, wallets, identity verification, and on-chain payments, etc.