Analysis Crypto by Thebittimes.Com

Facebook parent Meta is exploring integrating stablecoin payments into its products after a 3-year break from crypto, according to Fortune. Citing sources familiar with the matter, Fortune reported that Meta held talks with multiple crypto firms as it works on a course of action. Meta Might Take A Multi-Token Approach For Stablecoin Payments Meta’s reported exploration into stablecoin payments for its products come after the company tried to launch its own token called Libra in 2019. That project faced regulatory push back from lawmakers globally, and the company eventually sold the projects rights and assets to Silvergate Capital Corporation. One of the sources cited in the report said the company may opt for a multi-token approach and integrate support for existing, popular stablecoins such as Tether’s ( USDT ), Circle’s (USDC) and others. Several Firms Exploring Stablecoin Integrations Meta’s reported exploration also comes amid a broader push by sever...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...