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Meta (META) is looking to publish Stablecoin for payment management: Fortune



Tech Giant Meta (Meta) is looking to use Stablecoin to manage payments, I mentioned wealthQuoted from five sources familiar with the matter.

Fortune said Meta also rented the Vice President of Producer, Ginger Baker, who has experience encryption to help her efforts in Stablecoin.

It should be noted that the company’s invasion of Crypto, given He stopped in 2022After intense organizational scrutiny.

If Meta continues this project, the sector will enter at a time when Stablecoins – the distinctive symbols associated with the Fiat such as the US dollar – will enter the most hot trends between encryption and trade companies.

Companies such as Ripple, MasterCard, Visa, Dutch Bank ing and Stripe join Stablecoin. In fact, Standard Chartard said that the Stablecoin market can It grows by $ 2 trillion By the end of 2028.

However, legislators in the United States check Stablecoins. Voting failed to open a discussion on a draft law regulating this sector of the encryption industry earlier on Thursday after legislators expressed their concerns about some provisions of consumer and consumers protection, as well as about the invasion of US President Donald Trump to Stablecoins through USD1’s World Liberty Financial.

Read more: Senate voices against the progress of the Stablecoin Bill, which delays the process as Trump relates to tension

Update (May 8, 20:15): Updates to add more details about the Stablecoin bill.




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