#BigTechStablecoin What You Need to Know
Stablecoins issued or backed by Big Tech companies (such as Meta, Google, Apple, Amazon, or Microsoft) could change global finance. Here is an explanation of this concept, its impact, and what is evolving:
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🧠 What Is Big Tech Stablecoin?
Big Tech stablecoin is a digital currency pegged to fiat (such as USD) and issued or managed by large technology companies — either directly or through partnerships.
Think about:
Meta's Diem (formerly Libra) – now inactive, but a key signal of Big Tech ambitions.
Amazon Coin? ApplePay Coin? Not real yet — but could be.
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🏦 Why Is Big Tech Entering Stablecoins?
1. Control of the Payment Ecosystem
Own the pathway → own the data & fees.