Meta plans stablecoin comeback by the end of the year
Meta is preparing to re-enter the stablecoin market by the end of 2026, contingent on successfully reaching an agreement with a partner to launch dollar-backed tokens within its payment infrastructure. This move is significant for the advancement of digital currencies and payment systems.
Source Coindesk
The company is considering integration with an external provider to leverage stablecoins for digital transactions. This step could strengthen Meta's position in the digital payments and cryptocurrency space.
If these plans come to fruition, Meta could become a key player in the digital currency sector and drive further fintech innovation.