Meta strives to integrate stable coins because cryptocurrencies are established

Meta strives to integrate stable coins because cryptocurrencies are established


The latest breakthrough of Bitcoin over $ 100,000 is only part of a much larger story: cryptocurrencies are increasingly approaching the mainstream, and some of the biggest names in the tech industry want to get a piece of the cake.

Among them is META, which is reported that the basics of stable coin payments on its platforms create.

Sources indicateThe fact that meta partnerships are checking that would enable creators to receive cross -border payments in stable coins, which reduces costs and expanded the range. Companies such as Circle were involved in initial talks because Meta wants to expand its huge user base with financial tools that go far beyond social media.

This step indicates a larger trend. Stable coins that were considered niche instruments now attract giants such as visa, stripe, PayPal and fidelity, all of whom want to offer faster and cheaper digital payment options. Since the regulatory authorities in the United States signal their support for more clarity in the crypto area, the prerequisites for a large -scale introduction are met. Forecasts by Citi and Standard Chartered assume that the market for stable coins could grow up to $ 3.7 trillions by the end of the decade.

Meanwhile, the failure of Meta with the DIEM project seems to be a footnote rather than a dead end. CEO Mark Zuckerberg has dealt with the crypto area again, performed at Fintech events and has opened openly for new payment models.

The political winds also turn. Former PayPal manager and Trump consultant David Sacks recently predicted a crypto house, which is fueled by conservative support and growing distrust of the dollar.

In view of the increasing competition – Usdt continues to dominate, but new challengers are on the scene – the influence of Meta could be the decisive factor. If crypto tools are introduced on Facebook, Instagram and WhatsApp, the acceptance of stablecoins could become everyday life from a marginal phenomenon.


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Jayd Johnson

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