Media and Entertainment Media and Entertainment
Wed, May 14, 2025
Tue, May 13, 2025
Mon, May 12, 2025
Sun, May 11, 2025
Sat, May 10, 2025
Fri, May 9, 2025
[ Fri, May 09th ] - Fortune
CD rates today, May 9, 2025
Thu, May 8, 2025
Wed, May 7, 2025
Tue, May 6, 2025

Exclusive: Meta in talks to deploy stablecoins three years after giving up on landmark crypto project


//media-entertainment.news-articles.net/content/ .. -after-giving-up-on-landmark-crypto-project.html
Published in Media and Entertainment on Thursday, May 8th 2025 at 15:24 GMT by Fortune   Print publication without navigation

  • The social media giant is exploring how to use stablecoins to pay content creators, among other uses, according to sources familiar with the matter.

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/ ]

Publication Contributing Sources