Meta exploring stablecoin integration for payouts: Report

Meta is considering integrating stablecoin payments across its platforms, marking a potential return to crypto after a previous project. The company is reportedly consulting with crypto infrastructure firms, exploring a multi-token approach. Meta may support popular stablecoins like Tether's USDT and Circle's USDC. This move follows a trend of tech companies integrating stablecoins for payments. The stablecoin market is experiencing significant growth, attracting considerable institutional investment. Payment processors such as Visa and Stripe are also investing in and integrating stablecoins. Stripe launched stablecoin accounts for users in over 100 countries, enabling storage, transfers, and fiat withdrawals. The launch of USD1, a US dollar-pegged stablecoin, indicates the rapid expansion of tokenized fiat. The Trump administration sees stablecoins as crucial for US dollar dominance. However, stablecoin regulations faced setbacks with the blocking of the GENIUS Stablecoin bill.