Meta studies the use of stablecoins such as USDT and USDC in its payment systems
- Meta may integrate stablecoins like USDT and USDC
- Stablecoins grow with institutional support and new solutions
- Stablecoin regulation faces obstacles in the US
Facebook parent company Meta is considering integrating stablecoins as a payment method on its platforms. The move marks a return to the cryptocurrency sector after a three-year hiatus, according to sources. Fortune . The company has not yet defined a definitive path, but has held consultations with several companies specializing in crypto infrastructure.
One possibility raised would be the adoption of a multi-token model, including support for widely used stablecoins such as Tether’s USDT and Circle’s USDC. The move puts Meta among the tech giants eyeing institutional use of stablecoins, whose market cap already exceeds $230 billion.
Interest in stablecoins has been growing among companies in the traditional financial sector. Visa, for example, announced on May 7 an investment in the startup BVNK, which specializes in this segment. Rubail Birwadker, an executive at Visa, highlighted that stablecoins have been gaining ground in the payments market, which justifies the company's strategic move.
On the same day, Stripe revealed the launch of stablecoin-based accounts, available to users in over 100 countries. These accounts allow users to store stablecoins, make transfers between users, and withdraw fiat currency directly to regular bank accounts.
In addition, Donald Trump-backed company World Liberty Financial (WLFI) launched USD1, a dollar-backed stablecoin, in March. By May, USD1 was already among the top ten stablecoins on the market, highlighting the growth of stable digital currencies pegged to fiat assets.
Despite the expansion, regulatory proposals in the United States face obstacles. The GENIUS Stablecoin Act was blocked by Democratic senators on May 8, thwarting the Trump administration’s plans. “The Senate missed an opportunity to exercise leadership today by failing to advance the GENIUS Act,” Treasury Secretary Scott Bessent wrote on the X network.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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