#BigTechStablecoin Big tech companies are entering the stablecoin space, aiming to create digital currencies backed by fiat to facilitate fast, low-cost global payments. Projects like Meta’s (formerly Facebook) Diem sparked debate over financial control, privacy, and regulation. While stablecoins promise efficiency and innovation, their integration with massive tech platforms raises concerns about monopolies and user data. As governments respond with tighter regulations, the future of Big Tech-backed stablecoins remains uncertain but highly influential.