Meta would be studying the integration of #Stablecoins for payments 📱💸 Is the giant joining the crypto frenzy? 🔥
Watch out, tech enthusiasts! 👀 The very same Meta 🌐 (formerly Facebook) would be exploring the integration of payments with stablecoins on its platforms. After a three-year pause with cryptocurrencies, it seems the itch has returned! 🐛🔄
According to sources from Fortune, Meta has had discussions with several crypto infrastructure companies 🗣️🤝, although nothing is decided yet. It is rumored that they might adopt a multi-token approach, supporting heavyweights like Tether's USDt, Circle's USD Coin, and others! 🤯
Meta is not alone in this move. 🚶♀️🚶♂️ More and more tech companies are hopping on the stablecoin bandwagon for payments, and it's no wonder! Institutional interest and investment are through the roof 📈⬆️, driving the market capitalization of stablecoins above $230 billion! 🤑
And it doesn't stop there. Payment giants like Visa and Stripe have also announced investments and integrations with stablecoins this month. 💳🔗 Even the crypto company backed by Trump, World Liberty Financial, launched its own stablecoin, USD1! 💰
The Trump administration has declared its love ❤️ for stablecoins, seeing them as key to maintaining the dollar's hegemony. 💵👑 However, comprehensive regulation hit a wall 🧱 in the Senate, with Democrats blocking the GENIUS bill! 🚫🏛️
Will Meta finally join the stablecoin revolution? 🤔 Will we see payments with USDt or $USDC on Facebook and Instagram? 📱🤳
If you liked it, remember to follow me, like it, and share 👍