Meta Set to Reenter Stablecoin Market After Libra Blockade Four Years Ago
From financemagnates.com
Meta plans to reenter the stablecoin market later this year, four years after regulators blocked its earlier digital currency effort, Libra. The company is preparing to integrate dollar-pegged payments across its social platforms, according to people familiar with the matter. Sources cited by Coindesk said Meta issued requests for product proposals to external firms to help manage stablecoin-based payments. One named Stripe, which acquired the stablecoin infrastructure firm Bridge last year, as a possible partner. Stripe CEO Patrick Collison joined Meta’s board in 2025, signaling tighter cooperation between the two ...
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