#BigTechStablecoin

The idea of a Big Tech stablecoin refers to a digital currency issued by major technology companies like Meta (formerly Facebook), Google, or Apple. One of the most notable attempts was Facebook's Diem (formerly Libra), which aimed to provide a global payment solution. However, it faced regulatory pushback due to concerns over privacy, centralization, and financial control. A stablecoin backed by Big Tech could reach billions of users quickly—but it also raises questions about data ownership, decentralization, and government oversight. If such projects return, they could reshape global finance, but only if they align with public and regulatory trust.