Tech giant Meta starts paying some creators in stablecoin with Stripe's support
Meta has begun offering stablecoin payouts to a limited group of creators in Colombia and the Philippines, allowing eligible users to link a crypto wallet and receive earnings in Circle’s USDC on the Solana and Polygon blockchains. The rollout is supported by Stripe, which will provide crypto-related reporting and tax documentation alongside Meta. The move marks Meta’s renewed push into crypto payments after the Diem/Libra shutdown and could accelerate real-world stablecoin use for faster, lower-cost cross-border payouts. Coupled with broader industry signals — Visa’s stablecoin settlement network hitting a $7 billion run rate — the initiative may boost stablecoin adoption and increase demand for blockchain settlement rails, with implications for payment processors, blockchain networks (notably Solana) and crypto-onramps.