Meta secretly pursues a new direction to cryptoAlmost three years after it completed its Diem project. The purpose of this time is not to build a new digital currency, but to use current stablekos to facilitate small payments between platforms such as Instagram.
According to Fortune's report, the company has been discussing with several crypto companies, but has not yet agreed with the action.
Previous plans failed but new tactics arose
Meta was once ambitious plans for its weight venture that eventually shaped Diem. This vision fell in 2022 under the enormous pressure of US regulators and politicians. Finally, the company sold the assets of Diem and said goodbye to crypto – at least temporarily.
Meta CEO Mark Zuckerberg. Image: The420.in
Now, with a new leadership group and a more conservative strategy, META re -evaluates this industry. Ginger Baker, a vice president of the Product in January, manages preliminary discussions on the amplification of stable and creator payments for business and creator payments. It has a financial technology and crypto background, which is likely to inform the company's next move.
Here is a complete interview with Mark Zuckerberg at the address @stripe This week's sessions, talking about how AI designs Meta products, brand viewing and stability. pic.twitter.com/7HCDS5xmck
– John Collison (@collision) May 8, 2025
Stablecoins could be creator payments to power
One of the concepts of consideration is the use of stability such as USDC and USDT to transfer small payments to creators and businesses worldwide. For example, Instagram influencers usually receive payments of about $ 100 per transaction – amounts that are exempt from conventional bank fees for cross -border.
Such payments can be faster and cheaper with stablecoins. According to reports, META has not yet chosen a specific stableCoin but uses different depending on the area or application. Discussions The Crypto Executive Party showed that the META is still in “learning mode” and is also open to the configuration of many leaving.
Image: BFA Global
Also large financial institutions that enter Stablein
Meta is not the only stability investigative company. The strip now supports accounts based on stable stability in more than 100 countries. Visa worked with a company called Bridge and invested in Startup, a specialized startup in BVNK. Truum and Ripple also develop stable products.
The Stablecoin market has increased to over $ 230 billion, and according to some analysts, it could reach $ 2 trillion by the end of 2028. It is no wonder that Meta does not want to fall behind.
Highlighted Picture of Unsplash, Chart from TradingView
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