#BigTechStablecoin The term Big Tech Stablecoin refers to initiatives by global technology companies that aim to issue stablecoins backed by real assets, with the goal of facilitating digital payments and large-scale remittances.

The most emblematic case was Libra (later Diem), driven by Meta (Facebook). Its proposal included a stablecoin backed by a basket of fiat currencies, managed by an independent association. However, it faced global regulatory resistance and was ultimately canceled.

Regulators fear that a stablecoin controlled by a Big Tech could:

• Destabilize local currencies,

• Evade capital controls,

• Concentrate financial power in non-bank platforms.