#BigTechStablecoin #BigTechStablecoin is a term that refers to stablecoins created or backed by large technology companies. These digital currencies, usually pegged to the dollar, aim to combine the stability of a fiat currency with the innovation of blockchains. An example was the Diem project (formerly Libra), conceived by Facebook (now Meta), which faced regulatory resistance and was ultimately canceled. The idea behind a Big Tech Stablecoin is to enable fast, accessible, and global payments within the ecosystems of these companies. However, concerns regarding privacy, competition, and financial control make the topic highly debated among governments and financial institutions.