Meta explores stablecoin payments integration across its platforms as the company reconsiders digital asset support after a three-year hiatus. According to a Fortune report citing anonymous sources, the tech giant formerly known as Facebook is in discussions with multiple crypto infrastructure firms to explore stablecoin-based payment options. Though no final decision has been made, the move signals a potential major step forward for crypto adoption in mainstream digital services.
Meta Considers USDT and USDC for Multitoken Strategy
Sources told Fortune that Meta is weighing a multitoken strategy, which could include support for leading stablecoins like USDT (Tether) and USDC (Circle). These tokens have become central to digital transactions and decentralized finance (DeFi) ecosystems. Meta’s interest in stablecoins comes amid a sharp rise in institutional interest and overall market capitalization, which recently surpassed $230 billion.
Visa, Stripe, and WLFI Drive Stablecoin Momentum
The move by Meta aligns with a broader trend among global financial players. On May 7, Visa announced an investment in stablecoin startup BVNK. Rubail Birwadker, Visa’s Head of Product and Partnerships, stated that stablecoins now represent an increasing share of the payments market.
The same day, Stripe launched stablecoin-based accounts for users in over 100 countries, allowing balances in stablecoins and conversions to fiat. These developments show how fintech companies are incorporating digital dollars to streamline payments and support cross-border transactions.
Additionally, World Liberty Financial (WLFI), a Trump-endorsed protocol, launched its own dollar-pegged stablecoin USD1 in March. As of May, USD1 has climbed to seventh place in stablecoin market cap rankings, underscoring the rapid expansion of tokenized fiat currencies.
Regulatory Headwinds Remain
Despite this momentum, the legislative path for stablecoins remains uncertain. On May 8, the GENIUS bill aimed at comprehensive regulation of stablecoins was blocked by Senate Democrats. Treasury Secretary Scott Bessent criticized the delay, suggesting the Senate missed a chance to strengthen the dollar’s global dominance by boosting demand for U.S. Treasuries and other sovereign assets.
Meta’s renewed exploration into stablecoin infrastructure reflects the broader narrative: stablecoins are becoming foundational tools in global finance, and tech giants like Meta may soon integrate them into everyday digital experiences.
