$USDC Meta looks for a return of stablecoins after a pause in crypto

Meta is reportedly exploring the integration of stablecoins for payments after a 3-year pause in crypto, according to sources from Fortune. The company has discussed options with crypto firms but has not finalized plans yet.

A potential multi-token approach could include USDT, USDC, and others. The market capitalization of stablecoins now exceeds $230B as institutional interest grows.

Recent movements:

• Visa invested in the stablecoin startup BVNK

• Stripe launched stablecoin accounts in over 100 countries

• Trump-backed WLFI launched the USD1 stablecoin

Regulatory hurdles remain after Democrats blocked the GENIUS Stablecoin bill.