Meta Platforms is back in the crypto game with stablecoins in focus. This time, the social media giant is offering creators payouts in stablecoins. For this, it will use USD Coin (USDC) on the Solana and Polygon blockchains.
Meta Offers USDC Stablecoin Payout To Creators
The functionality is in beta with a handful of creators in Colombia and the Philippines. The concept is straightforward yet important.
Rather than waiting a few days for bank deposits or cross-border payment hurdles, creators can now receive their earnings in USDC almost immediately. It’s worth noting that Meta had earlier hinted at stablecoin integration in February 2026.
To use the feature, users will have to copy and paste a third-party wallet address into Facebook’s payout system. This might be a straightforward process for cryptocurrency veterans, but it creates a barrier for those who are new to wallets and keys.
What is also clear is there is a conscious lack of intervention from Meta in terms of fiat exchange. It doesn’t offer conversion services to turn USDC into local currencies, so users have to do their own currency conversion. This enables Meta to stay out of the business of financial services while enabling blockchain payments.
Stripe To Help With Compliance Issues
To tackle regulatory and reporting concerns, Meta has engaged Stripe to help with some of the tax reporting features for crypto payments. The partnership is part of a pattern of leveraging existing fintech solutions rather than developing new ones.
A Meta spokesperson said, “We strive to offer the most relevant payment methods, which is why we are exploring how stablecoins could become part of our suite of options,” per a Fortune report.
This announcement signals a shift from Meta’s previous foray into crypto. Its earlier venture, Libra (later Diem), sought to build a global crypto. However, it was forced to shut down in 2022 due to regulatory backlash. Now, Meta is playing it safer by using an existing stablecoin.
Also, Meta now joins other tech companies playing with blockchain payments. Stablecoin partnerships with Airbnb, Apple, Google and X also suggest an industry trend towards more efficient digital payments. Meanwhile, Ripple’s RLUSD stablecoin gained a feat with the OKX exchange listing.
Source: https://coingape.com/meta-offers-circle-usdc-creator-payouts-via-solana-polygon/
