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Home»Security»Meta Exploration of Stablecoin payments for its products: report
Security

Meta Exploration of Stablecoin payments for its products: report

May 10, 2025No Comments3 Mins Read
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Facebook Parent Meta explores the integration of Stablecoin payments into his products after a 3 -year break of crypto, according to Fortune.

Citing sources familiar with the question, fortune reported This meta has had discussions with several crypto companies because it works in an action plan.

stable

Meta could adopt a multi-token approach for stablecoin payments

Meta’s reported exploration in Stablecoin’s payments for its products came after the company tried to launch its own token called Balance in 2019. This project was faced with a repulsion of legislators from around the world, and the company finally sold the rights and assets of projects to Silvergate Capital Corporation.

One of the sources cited in the report indicated that the company can opt for a multi-toe-to-to-see approach and integrate the support for existing popular stablecoins such as Tether (USDT), Circle’s (USDC) and others.

Several companies exploring Stablecoin integrations

Meta’s reported exploration also occurs in the middle of a wider thrust of several companies that plan to integrate stable payments market capitalization Because these tokens rise over $ 230 billion.

In May only, the Visa payments giant announced that it had invested in the start of Stablecoin Bvnk, while Stripe, the World Payment Platform, also announced the launch of Stablecoin-based accounts for its 100 countries customers on May 7.

The Trump administration has repeatedly said That stablecoins are at the heart of American policy and also argued that these digital dollars are an excellent way to extend the hegemony of the USD.

At the beginning of the month, World Liberty Financial, a company supported by the US Presidentalso announced the launch of its stablecoin USD1, which has recently become the 5th larger ECUPPECTOIN by market capitalization.

However, while businesses rush to join the race for Stablescoin, the full stable regulations were blocked yesterday after the Democratic senators blocked the engineering bill.

For stablecoins and other digital assets to thrive worldwide, the world needs American leadership.

The Senate has missed the opportunity to provide this leadership today by not increasing the law on engineering.

This bill represents a unique opportunity to generate a dollar …

– The secretary of the Treasury Scott Bessent (@sescottbessent) May 8, 2025

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