Meta is preparing to return to the crypto world after a three-year break. It is now reported that the company is in talks with various crypto infrastructure firms to launch stablecoin-supported payments on its platforms. This development is a significant signal for both the crypto market and global payment systems.
Meta’s Strategic Comeback
According to a report by Fortune, Meta is working on a model where popular stablecoins like Tether’s USDT and Circle’s USDC can be integrated as multiple tokens. This step specifically aims to make micro-payments to content creators through platforms like Instagram and WhatsApp faster, cheaper, and more efficient.
The new payment initiative is being led by Ginger Baker, who has experience in the fintech and blockchain world. Meta currently describes the process as being in “learning mode,” but the scale of the steps being taken shows that this transformation is not superficial but rather a long-term strategic move.
Stablecoin Race: Tech Giants on the Field
Meta is not alone in this field. Recently, many major finance and tech companies have entered the stablecoin space:
- On May 7, Visa invested in the stablecoin venture BVNK.
- Stripe launched stablecoin-based accounts in over 100 countries.
- World Liberty Financial (WLFI) launched the USD1 stablecoin pegged to the U.S. dollar in March. In just two months, it became the seventh-largest stablecoin by market value.
U.S. Treasury Secretary Scott Bessent summarizes this trend clearly:“Stablecoins are a great opportunity to increase the dollar’s dominance in the digital world.”
However, this growth is being affected by a lack of regulation. On May 8, Democratic senators blocked the Genius Stablecoin Act, delaying the regulation process.
Why Is This So Important?
The fact that a tech giant like Meta is working on stablecoin integration significantly strengthens the potential for daily use of cryptocurrencies. This is not just a change in payment methods; it also provides four critical contributions that could increase the use of stablecoins in everyday life:
- Low transaction costs: Bank fees are eliminated.
- Instant and cross-border transfers: Global content creators can receive payments instantly.
- Growth of in-platform economy: Revenue models in apps like Instagram and WhatsApp will be reshaped.
- Digital financial inclusion: Offers opportunities for users without traditional bank accounts.
Digital Payments Cross a New Threshold
The step Meta is about to take could be transformative not only for its own platforms but for the entire crypto ecosystem. Stablecoins are no longer just an “experiment”; they are preparing to become a mainstream tool in global payment systems.
As regulations become clearer and tech companies take more steps in this area, the idea of “paying with crypto” will no longer be the future—it will be today’s reality.