Meta Eyes Stablecoin Payments for 3.35 Billion Users as Stripe Expands to 101 Countries

By: defi news|2025/05/10 02:45:04

Meta Platforms is in preliminary discussions with multiple crypto firms to introduce stablecoins to its platforms, including Facebook, Instagram, and WhatsApp, which serve 3.35 billion users. This initiative comes three years after the company abandoned its Libra, later Diem, crypto project due to regulatory pressure.The current plan focuses on leveraging existing stablecoins, such as USDC, to facilitate cross-border payments and manage payouts, particularly for content creators and digital freelancers. Meta has hired Ginger Baker, a vice president of product with crypto experience, to lead the project, with a focus on small-dollar payouts.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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