BREAKING: Meta to launch stablecoins on FB, Insta and WhatsApp
Meta is considering stablecoin payouts for international creators, aiming to cut transfer fees and streamline global payments.
Meta is reportedly exploring the use of stablecoins to simplify how it pays international creators. Discussions with crypto firms began earlier this year, but the initiative is still in the early stages. Meta hopes stablecoins will reduce payment fees and make cross-border transactions smoother.
Stablecoins like Tether (USDT) and Circle (USDC), which are tied to real-world currencies, are less affected by crypto market volatility. By using them, Meta could avoid costly wire transfers while maintaining stable value payouts. According to unnamed sources, the company may even use these tokens for small creator payments—possibly around $100—on platforms like Instagram.
The tech giant is hiring crypto specialists to help develop its plans. While there's no confirmation on whether Meta will launch its own stablecoin, the effort recalls its earlier Libra project, which was shut down in 2022 due to regulatory pressure. Meta is also continuing its work on metaverse tech through Reality Labs, which reported $5 billion in losses in late 2024.
