#BigTechStablecoin
A little-known secret about Big Tech and stablecoins is their quiet pursuit of financial dominance through digital currencies. Companies like Meta (formerly Facebook) attempted this with Diem (previously Libra), aiming to create a global stablecoin that could bypass traditional banks and central banks. Though Diem was shut down due to regulatory pressure, the ambition remains: tech giants see stablecoins as gateways to control payment systems, user data, and financial infrastructure. Behind the scenes, many continue to explore partnerships, blockchain innovations, or acquisitions in fintech, hinting at a future where Big Tech may re-enter with more subtle, decentralized strategies.