Meta explores integration with stablecoins amid growing institutional interest

According to Cointelegraph, the tech giant Meta is reportedly considering the integration of stablecoin payments into its platforms, marking a potential return to the cryptocurrency space after a three-year hiatus. The parent company of Facebook has been engaged in discussions with several cryptocurrency infrastructure companies, although no definitive course of action has been decided, sources familiar with the matter revealed.

An insider suggested that Meta could adopt a multi-token strategy, potentially incorporating support for widely used stablecoins such as Tether's $USDT and Circle's USD Coin ($USDC ), among others. This move aligns with a broader trend among technology companies exploring the use of stablecoins for payments, driven by growing institutional interest and investment. The market capitalization of stablecoins has surged beyond $230 billion, reflecting this rising demand.

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