#BigTechStablecoin

More and more is being said about the fact that the largest technology companies – such as Meta (Facebook), Google, or Apple – may create their own stablecoins. What exactly is a stablecoin? It is a cryptocurrency linked to the value of the dollar or another fiat currency, aimed at maintaining stability.

If tech giants enter the world of stablecoins, it could mean a revolution in online payments. Imagine paying for purchases in an online store directly with a stablecoin issued by Apple or sending money to friends via WhatsApp without intermediaries.

On one hand, it would be a huge convenience and accelerate the adoption of cryptocurrencies. On the other hand, there are questions about privacy, control, and decentralization. Do we want even more of our finances to be dependent on BigTech giants? The topic is controversial, but one thing is certain – the era of stablecoins is just beginning.