Open account

Meta Platforms Pays Some Creators In Stablecoins

Meta Platforms has begun offering a limited group of creators in Colombia and the Philippines the option to receive payments in stablecoins (Circle’s USDC) instead of cash, enabled via Stripe for crypto reporting. The move marks a return by Meta to crypto-powered payments after shelving Libra/Diem, and positions the company among the largest tech firms experimenting with real-world stablecoin payouts. The article notes rising industry acceptance — Visa’s stablecoin settlement network hit about $7 billion annualized volume in Q1, up 50% year-over-year — but the rollout is small and experimental, so near-term market impact on Meta’s business is limited. The development signals potential longer-term adoption benefits for faster, cheaper cross-border payouts and broader crypto payments integration.

Category

Meta Platforms

Sentiment

Neutral

Event

Product launch

Reading time

1 min