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Meta is reportedly exploring stablecoins for international creator payouts, potentially partnering with crypto firms. This initiative, currently in preliminary discussions, would leverage stablecoins, cryptocurrencies pegged to stable assets like fiat currencies, for managing payments. Stablecoins are perceived as less volatile compared to other digital assets, making them a potentially safer option. While details remain scarce, this move signals Meta’s continued interest in incorporating cryptocurrency technology, even after its failed Diem stablecoin project. This new focus suggests a shift towards utilizing existing stablecoins rather than creating its own, potentially streamlining international transactions for creators.
