Meta’s USDC pilot shows how stablecoins could capture billions in creator payouts

CryptoSlate2h agoUpdated 2h ago
Meta’s USDC pilot shows how stablecoins could capture billions in creator payouts
Smart Read

Libra launched in 2019, rebranded to Diem, and sold its blockchain assets to Silvergate Bank in 2022, three years of work that ended when regulators pushed back, and bank partners withdrew. On Apr. 29, Meta announced USDC payouts to eligible creators through compatible crypto wallets on Solana and Polygon, starting with selected creators in Colombia […] The ...

Part of narrative
Stablecoins

Explore how Stablecoins is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.

Explore narrative

Related stories

MARA Holdings to buy Long Ridge Energy in $1.5 billion AI data center push
CoinDesk40m ago60-word brief

MARA Holdings to buy Long Ridge Energy in $1.5 billion AI data center push

MARA Holdings is acquiring Long Ridge Energy & Power for $1.5 billion to fuel its AI data center expansion. The Ohio-based deal includes a 505 MW gas plant and 1,600 acres offering over 1 GW power capacity. The acquisition boosts MARA's capacity by 65% and adds $144 million in annualized EBITDA, with construction starting mid-2027.

The Green Beret was just the start: New data suggests a broader insider trading crisis on Polymarket
CoinDesk1h ago60-word brief

The Green Beret was just the start: New data suggests a broader insider trading crisis on Polymarket

A new report reveals systematic insider trading on Polymarket's military and defense markets, where longshot bets win 51.8% of the time versus 14% baseline. Analysis of 435,000 contracts shows fewer than 1% of traders capture half profits, suggesting information asymmetry. Findings echo the alleged Green Beret Venezuela raid case, raising questions about prediction market integrity and regulatory oversight.

Crypto hack losses top $630M in April, highest since February 2025
CoinTelegraph1h ago60-word brief

Crypto hack losses top $630M in April, highest since February 2025

Crypto hacks totaled $630 million in April, the worst month since February 2025. DeFi protocols dominated losses, with KelpDAO ($293M) and Drift Protocol ($280M) accounting for 82% of damage. Attackers increasingly target off-chain infrastructure like RPC nodes and cloud key systems rather than smart contracts. Real-time monitoring and automated safeguards are becoming essential defensive measures for platforms.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.