Say goodbye to the Libra shadow! Meta partners with Stripe to launch stablecoin payments, allowing creators to receive USDC directly.

ORIGINAL告別 Libra 陰霾！Meta 攜手 Stripe 推穩定幣支付，讓創作者直接領 USDC

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Meta, the social media giant that once bid farewell to the crypto space after the "Libra (Diem)" project was aborted, has returned to the cryptocurrency field after years of silence and weathering regulatory storms, now allowing select content creators to receive payouts in "stablecoins." According to Meta's official website, this new feature is currently being tested on a small scale in Colombia and the Philippines. Eligible creators can link their cryptocurrency wallets to receive USDC, issued by Circle, as content payout rewards directly via Solana or Polygon. This service is technically supported by payment processor Stripe, which will provide users with tax reporting documentation related to cryptocurrency. Creators may receive tax documents from both Meta and Stripe concerning their income and digital asset transactions. Jay Shah, head of Stripe's payment platform "Link," stated: "Now, businesses can send stablecoins to customers directly through the Link service. We are working closely with Meta to enable creators in the Philippines and Colombia to receive stablecoins in their Link wallets." As early as February this year, market reports suggested that Meta was actively seeking third-party providers to integrate stablecoin payment functions into its platforms, with Stripe being the top candidate at the time. With over 3 billion active users worldwide, Meta has now become the world's largest testing ground for "stablecoin payment applications," demonstrating the immense potential of using blockchain to transfer funds to global users. Stablecoins are increasingly being viewed by the market as a faster, low-cost tool for cross-border payments. For instance, traditional credit card giant Visa recently announced that the annualized transaction volume of its stablecoin settlement network has surpassed $7 billion, with a quarterly growth rate of 50%. Looking back at 2019, Meta had ambitious plans to create its own cryptocurrency, "Libra" (later renamed Diem), in an attempt to build a global payment empire, only to shut it down in 2022 following pressure from central banks and regulators worldwide. Today, Meta has set aside its obsession with issuing its own currency, choosing instead to embrace the mature USDC and Stripe infrastructure to return to the crypto space. While this step is cautious, it signals that the tech giant's ambition to disrupt traditional financial payments has never truly been extinguished.

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