🚨 Meta is reportedly preparing to integrate stablecoins for international payments, focusing on lowering costs for small payouts on Instagram

💬 According to Fortune, Meta is in early talks with several crypto firms to explore using stablecoins like USDT and USDC for cross-border transactions and creator payments

👩‍💼 The initiative is led by Ginger Baker, Meta’s new VP of Product with crypto and fintech experience, signaling a serious renewed push into crypto after the shutdown of the Diem project in 2022

⚡ Using stablecoins could enable faster, cheaper, and more transparent payments compared to traditional banking, especially benefiting influencers and freelancers receiving small payments globally

🔄 Meta appears to be taking a flexible approach, considering multiple stablecoins rather than committing to a single provider, and is still in a “learning mode” before making final decisions