Bitcoin.com News
Bitcoin.com News|May 09, 2025 09:31
Meta is making waves in the crypto world again! According to reports, the social media giant is exploring the use of stablecoins for content creator payouts, aiming to simplify small payments for content creators plagued by high transaction fees.📱 Ginger Baker, Meta's VP of product with a crypto background, is reportedly involved in these exploratory talks, although no service provider has been locked in yet. This marks Meta's first foray into crypto since the fallout from the Libra project, which faced regulatory hurdles and was ultimately disbanded. Zuckerberg has referred to Libra as "dead," and this new approach is significantly less ambitious, focusing on practical solutions rather than a complex stablecoin ecosystem. As stablecoin adoption surges in the institutional space, with companies like Visa and Mastercard integrating these assets, the potential for growth is immense. A recent Citi report even predicts the stablecoin market cap could hit 3.7 trillion! What do you think about Meta's renewed interest in crypto? Let us know your thoughts! 👇
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