Meta Prepares New Stablecoin Launch Amid Push Into Digital Payments
Meta Platforms Inc. is developing another dollar-pegged stablecoin, marking its second major foray into cryptocurrency payments. The social media giant plans to partner with a third-party provider for integration by late 2026, with Stripe emerging as a likely collaborator following its acquisition of stablecoin specialist Bridge last year.
The MOVE mirrors strategies by Telegram and X (formerly Twitter) to embed financial infrastructure within social platforms. Such integrations could disrupt cross-border payments by circumventing traditional banking channels while creating new revenue streams from Meta's 3 billion-strong user base.
Meta's payments ambition comes amid strong financial performance, with Q4 2025 revenue hitting $59.89 billion - a 24% annual increase. The company previously explored cryptocurrency projects including the abandoned Diem stablecoin initiative.
