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[ Fri, May 09th 2025 ]: Fortune
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Exclusive: Meta in talks to deploy stablecoins three years after giving up on landmark crypto project

In May 2025, Meta Platforms, formerly known as Facebook, announced its renewed interest in exploring stablecoins, particularly focusing on USDC issued by Circle, as part of its strategy to enhance its digital payment ecosystem. This move comes after Meta's previous attempts with Diem (formerly Libra), which faced significant regulatory hurdles and was eventually sold off. The company aims to integrate stablecoin payments into its platforms like WhatsApp and Messenger, potentially revolutionizing how users transact globally. Meta's exploration into stablecoins is seen as a strategic step to tap into the growing digital currency market and provide more seamless, cost-effective cross-border payment solutions.

Read the Full Fortune Article at:
[ https://fortune.com/crypto/2025/05/08/meta-stablecoins-exploration-usdc-circle-diem-libra/ ]