#BigTechStablecoin Critics argue that giving tech companies control over digitalcurrency systems could lead to monopolistic practices, undermine data privacy, and weaken financial regulations. The fear is that by managing their own currencies, companieslike Meta, Amazon, and Google could gain disproportionate influence over global economies, while also bypassing government control over monetary policy.

Despite these concerns, supporters believe that BigTech Stablecoins could boost financial inclusion, especially in underbanked regions where traditional banking services are limited, but digital technology is widespread. For these areas, the reach and resources of major tech firms could offer a practicalsolution, enabling individuals to access financial services through the apps and devices they already use.