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Meta Revives Crypto Ventures for Global Market Expansion
Meta Revives Crypto Ventures for Global Market Expansion
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Meta, the parent company of Facebook and WhatsApp, is reportedly preparing to re-enter the cryptocurrency arena after abandoning its earlier digital currency project. Insider sources reveal the tech giant is exploring stablecoin use cases for payments and engaging in discussions with U.S.-based crypto firms for development. A dedicated product lead with cryptocurrency experience is overseeing the initiative.
The scale of Meta’s global applications presents a substantial addressable market for crypto integration. While Telegram’s TON Coin made notable progress last year, Meta’s vast user base could catalyze far broader adoption. The move signals renewed institutional interest in blockchain-based payment solutions.
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