#BigTechStablecoin
š¦š» #BigTechStablecoin: When Silicon Valley Meets Crypto
š¹ What Is a Big Tech Stablecoin?
A Big Tech Stablecoin is a digital currency backed by stable assets (like the USD or other currencies), issued or supported by major technology companies (think Apple, Google, Meta, Amazon, etc.).
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š Why Would Big Tech Want a Stablecoin?
⢠User Base: Billions of global users (WhatsApp, Android, iOS, Prime, etc.)
⢠Payment Systems: Seamless integration into existing ecosystems (Apple Pay, Google Pay, etc.)
⢠Data Control: Full visibility over financial behavior.
⢠Global Remittances: Bypass traditional banks and reduce costs.
⢠Ecosystem Lock-in: Keep users inside their closed platforms.