🚨#META DIEM IP DEAL TIED TO SILVERGATE’S COLLAPSE: COINCIDENCE OR CONSEQUENCE?

🚨#META REVIVES CRYPTO AMBITIONS WITH #STABLECOIN TALKS AMID INDUSTRY SHIFT

🔹Meta is exploring stablecoin integration, three years after shelving Diem/Libra.

🔹Discussions with firms like #Circle center on cross-border creator payouts.

🔹Regulatory climate has shifted post-Trump’s election and Stripe’s $1.1B acquisition of Bridge.

🔹Meta’s crypto move led by fintech exec Ginger Baker and involves Instagram payout features.

🔹Diem’s tech was sold to Silvergate, whose collapse echoes through this renewed push.

-Fortune, May 8, 2025