#BigTechStablecoin

**#BigTechStablecoin**

Big Tech companies are increasingly entering the stablecoin market, leveraging their vast user bases and technological infrastructure. Circle's USDC, launched in 2018, is a prominent example, offering a dollar-pegged stablecoin that operates on multiple blockchains, including Ethereum and Solana. In June 2025, Circle went public with an IPO that raised \$1.1 billion, reflecting growing investor confidence in stablecoins .([marketwatch.com][1], [en.wikipedia.org][2])

PayPal also ventured into this space with the launch of PayPal USD (PYUSD) in 2023, becoming the first major fintech to issue a dollar-backed stablecoin . These developments signify a shift towards mainstream adoption of digital currencies, with Big Tech playing a pivotal role in their integration into everyday financial transactions.([bankrate.com][3])

[1]: https://www.marketwatch.com/story/circles-ipo-pricing-shows-wall-street-is-clamoring-to-buy-stock-in-the-stablecoin-issuer-7a2434ae?utm_source=chatgpt.com "Circle's $1.1 billion IPO shows Wall Street is taking stablecoins seriously, as crypto company's stock nearly triples"

[2]: https://en.wikipedia.org/wiki/USDC_%28cryptocurrency%29?utm_source=chatgpt.com "USDC (cryptocurrency)"

[3]: https://www.bankrate.com/investing/worlds-largest-stablecoins/?utm_source=chatgpt.com "The World’s 6 Largest Stablecoins By Market Cap | Bankrate"