#BigTechStablecoin The stablecoins of large technology companies (or "Big Tech stablecoins") refer to the attempts by giant tech firms such as Meta (formerly Facebook), Apple, Google, Amazon, or X (formerly Twitter) to launch or integrate their own stablecoins into their vast ecosystems. The main objective is to leverage the efficiency of cryptocurrencies for global payments, reduce fees, and streamline transactions by integrating them directly into the applications and services that billions of people already use.

The most well-known example was Libra (later Diem) from Meta, an ambitious project aimed at creating a global stablecoin backed by a basket of fiat currencies. Although it generated enormous interest, it faced strong regulatory opposition worldwide and was ultimately discontinued in early 2022.

Despite this precedent, the interest of "Big Tech" persists. Companies like PayPal have already launched their own stablecoin, PYUSD.