#BigTechStablecoin Important points related to the topic:**

1. **"Diem" project from Facebook)**

- **Meta (formerly Facebook)** announced its stablecoin "Libra" in 2019, but faced severe regulatory backlash and was ultimately shut down in 2022.

- Governments feared a private company controlling a parallel financial system.

2. **Other major tech companies**

- **Amazon** and **Apple** are interested in entering the digital payments space, but are avoiding launching stablecoins due to regulatory challenges.

- Some may collaborate with existing stablecoins (such as **USDT, USDC**) instead of creating a new currency.

3. **Regulatory challenges**

- Governments (especially in **Europe and the United States**) impose strict restrictions on BigTech currencies out of fear of:

- Threats to **monetary sovereignty** of nations.

- Risks of **privacy and monopoly**.

- New legislation such as **MiCA in the European Union** aims to regulate stablecoins.

4. **Why is this hashtag important now?**

- There may be new announcements from tech companies regarding digital currencies.

- Increasing discussion about the **role of the private sector in digital money** versus government currencies (such as the digital euro or digital dollar).