Tech Company Meta is known to integrate Stablecoin payment into the platform after three years of confusion with Cryptocurrencies.
Facebook parents talked with various encryption infrastructure companies through counseling, but they did not choose a decisive behavior.
One source said that the company could take a multi -approach and integrate support for popular stability such as TETHER’s USDT (USDT) and Circle’s USD Coin (USDC).
META is the latest technology company that integrates or explores the use of Stablecoin for payment because the market cap of STABLECOIN can lead to $ 230 billion by attracting more institutional interests and investments.
relevant: With the withdrawal of the Democratic Party, the US stable bill was blocked.
Stablecoins attracts more institutional investment and becomes a strategic benefit in the United States.
Some payment processing companies announced their investments in the Stablecoin company in May this year or unified Stablecoin.
On May 7, a huge payment giant announced that it has invested in Stablecoin Startup BVNK. Rubail Birwadker, a visa product and partnership officer, said that the details of this deal remain, but Stablecoins is leading more and more market share.
STRIPE, a global payment platform, started a Stablecoin -based account for more than 100 customers on May 7.
This account allows users to store the Stablecoin balance or transfer the token to other users and withdraw the Stablecoin balance as a currency to the existing bank account.
World Liberty Financial (WLFI), a crypto company supported by US President Donald Trump, launched the US dollar in March.
In May, the USD1 was the seventh largest stable state with a market cap, and emphasized the rapid growth of the tokenized Fiat market.
The Trump administration repeatedly mentioned that STABLECOINS is the center of the US policy and extends US dollar hegemony by utilizing the demand for US government and other government securities.
However, after the Democratic Senators blocked genius Stablecoin Bill, comprehensive stability regulations were suspended on May 8.
“The Senate missed the opportunity to provide leadership today without developing genius law on May 8,” on the X Post on May 8.
magazine: UnstableCoins: depegging, bank runs and other dangerous looms