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Meta Explores Stablecoin Return Amid Regulatory Scrutiny

Meta Explores Stablecoin Return Amid Regulatory Scrutiny

Author:
Global Cryptocurrency
Published:
2025-05-10 04:51:01
21
3

Meta is reportedly revisiting stablecoin initiatives despite public denials, sparking renewed tensions with U.S. lawmakers. Senator Elizabeth Warren leads efforts to block Big Tech from issuing digital currencies, citing concerns over market dominance.

While Meta’s communications director Andy Stone maintains "Diem is dead," insiders suggest behind-the-scenes discussions continue. The company appears to be developing alternative approaches to stablecoin deployment, potentially for creator payments and cross-border transactions.

|Square

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