Meta exploring stablecoin integration for payouts: Report
Meta is exploring the integration of stablecoin payments into its platforms after a three-year absence from cryptocurrencies. The company has engaged in discussions with various crypto infrastructure firms but has not finalized its strategy. A multi-token approach may be considered, potentially including popular stablecoins like Tether's USDt and Circle's USD Coin. The stablecoin market has seen significant growth, surpassing a $230 billion market capitalization, attracting institutional interest. Visa and Stripe have recently invested in or launched stablecoin-related services, indicating a trend among payment processors. The Trump administration views stablecoins as vital for US policy and dollar dominance, although comprehensive regulations faced setbacks when the GENIUS Stablecoin bill was blocked by Democratic Senators.
