#BigTechStablecoin 1. Stablecoin
• Cryptocurrency designed to keep its price stable (e.g., 1 USD = 1 token).
• Examples: USDT (Tether), USDC (Circle), DAI (MakerDAO).
• Used to protect against the volatility of the cryptocurrency market and facilitates payments or value storage.
2. Big Tech
• Large technology companies with a global reach and vast resources, e.g., Google, Apple, Facebook (Meta), Amazon, Microsoft.
• They have the potential for mass deployment of new technologies.
3. BigTech Stablecoin
• Stablecoin created or managed by such a large tech company.
• Often seen as more trustworthy and secure than stablecoins issued by smaller entities.
• Can be used within the company's ecosystem (e.g., payments, purchases, money transfers).