Are Tech Giants About to Shake Up Crypto? š²
First Meta shelved Libra. Now⦠theyāre back.
Reports say Meta is exploring a new USD-pegged stablecoin, with plans to bring crypto payments to Facebook, Instagram, and WhatsApp ā this time with regulatory backup.
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šļø Meanwhile, the GENIUS Act is gaining traction in U.S. Congress, paving the way for non-bank companies (like Meta) to issue stablecoins under strict oversight.
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Why This Changes the Game:
ā Billions of Users
Big Tech could take stablecoins to the masses faster than any crypto-native project ever could.
šµļø Privacy Risks
Will stablecoins on social media apps turn financial freedom into financial surveillance?
āļø USDC & USDT Face New Competition
If Facebook launches its own stablecoin, how will existing stablecoins hold up?
š Geopolitical Power Play
With Trump and U.S. lawmakers supporting stablecoins as a way to protect the dollar, this isnāt just fintech ā itās financial warfare.