#BigTechStablecoin
The term Big Tech Stablecoin refers to a project or idea where a large technology company (such as Meta (Facebook), Google, Apple, Amazon, etc.) would launch or manage its own stablecoin — that is, a cryptocurrency whose value is stable because it is backed by a fiat currency (like the dollar) or a basket of assets.
📌 Why is it important?
• Big Tech Stablecoins could reach billions of users directly through applications already installed on their phones.
• They could challenge traditional banks and financial systems.
• Governments and regulators are very vigilant as this could threaten monetary sovereignty and financial stability.
📌 Today:
Even though Libra/Diem did not materialize, the idea remains present, and some analysts believe that with the evolution of the crypto sector and CBDCs (central bank digital currencies), Big Tech could return to the race, but in a more regulated manner or in partnership with financial institutions.