Meta Corporation has initiated payments to content creators in the stablecoin USDC via wallets on the Polygon and Solana networks.
The payment provider is the fintech company Stripe. Initially, this new service is available to users in Colombia and the Philippines.
“Since settlements in ‘stablecoins’ are linked to digital assets, Stripe will provide you with specialized reports on cryptocurrency transactions. For tax reporting, we recommend keeping the entire transaction history,” noted Meta.
Media outlets reported on Meta’s plans to enter the stablecoin market in February 2026. In addition to connecting a third-party provider for dollar token settlements, the tech giant intends to introduce a new wallet.
In 2019, Meta (then Facebook) attempted to launch the “stable global cryptocurrency” Libra and the asset storage tool Calibra. However, due to regulatory pressure, the projects had to be abandoned.
Visa and Stablecoins
The payment system Visa announced the expansion of its pilot stablecoin project to five new networks: Arc, Base, Canton, Polygon, and Tempo. Previously, only Avalanche, Ethereum, Solana, and Stellar were supported, according to a press release.
The company’s volume of settlements in “stablecoins” increased by 50% compared to the previous quarter — reaching $7 billion.
The integration of additional blockchains is part of Visa’s strategy to standardize payments within a unified infrastructure, company representatives emphasized.
Stablecoin testing has been underway for several years. Pilots are operating in Latin America, the Caribbean, Europe, the Asia-Pacific region, Central Europe, the Middle East, and Africa. In November 2025, Visa launched USDC payments through American banks.
On April 28, the payment giant announced a partnership with WeFi — a company founded by former Tether CEO Reeve Collins. Together, they will develop cryptocurrency payments.
Earlier in April, Chainalysis analysts forecasted that the volume of stablecoin transactions would grow to $1.5 quadrillion by 2035.