Crypto Gloom

Meta for exploring stablecoin payment for the product: Report

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Facebook parent meta is exploring the integration of Stablecoin payment into the product after taking a break for three years in Crypto.

Source familiar with this problem, Fortune Reported The meta works in the process of having a conversation with several encryption companies.

stablecoins

Meta can take a multi -score approach to Starble Recon Payment.

In 2019, META reported an exploration of STABLECOIN payments for the product after attempting to launch its own token called Libra, which withdrew regulations from lawmakers around the world, and eventually sold project rights and assets to Silvergate Capital Corporation.

One of the sources cited in this report said that the company can choose a multi -approach and integrate support for existing popular stability, such as Tether ‘S.USDT) Circle ‘S (USDC) and others.

Some companies exploring stablecoin integration

The reported exploration of META is also caused by the extensive driving force of several companies that want to integrate Stablecoin payment into the product. Market cap This token exceeds $ 23 billion.

Only in May, a huge payment was announced in the Stablecoin Startup BVNK, and Stripe, a Global Payments platform, announced on May 7 the launch of a Stablecoin -based account for customers in 100 countries.

The Trump administration repeatedly Sayed Statablecoins argued that the digital dollar is a good way to expand USD hegemony.

Earlier this month, World Liberty Financial US presidentUSD1 Stablecoin also announced its launch and recently Fifth largest Stablecoin by market capitalization.

However, as companies rushed to join the Stablecoin race, the Democratic Senators stopped the genius stablecoin legislation yesterday.

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