The tech giant Meta has launched a pilot program to pay a group of content creators through stablecoins, using Stripe’s payment infrastructure. This initiative, confirmed by spokespeople from both companies this Wednesday, marks the return of the parent company of Instagram and Facebook to the digital asset ecosystem following the closure of its Diem project. The integration relies on Stripe’s technology to facilitate fast and low-cost transfers.
In theory, Meta seeks to drastically reduce the friction and fees of traditional cross-border payments, allowing international creators to receive their earnings almost instantaneously. By delegating custody and regulatory compliance to Stripe, Meta avoids the legal complications that sank its previous attempts to issue its own currency. The impact of Meta pays creators in stablecoins could accelerate the mass adoption of these assets as real utility tools within the “creator economy”.
The expansion of this system to more regions and the possible inclusion of other stablecoins is expected in the coming weeks. The success of this program will determine whether Meta integrates these payment solutions into WhatsApp and Horizon Worlds permanently.
Source:https://goo.su/JOv13
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