Tech giant Meta starts paying some creators in stablecoin with Stripe's support
Meta has begun paying select creators in Colombia and the Philippines using USDC stablecoin on Solana and Polygon blockchains, partnering with Stripe for tax documentation. The move signals Meta's return to crypto payments after its Libra project failed in 2022. Stablecoins enable faster, cheaper global transfers without traditional banking infrastructure, positioning Meta among major tech firms experimenting with blockchain-based payouts.
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Meta begins offering USDC creator payouts to crypto wallets on Solana and Polygon blockchains
Meta now enables creators to receive payouts in USDC stablecoin via Solana and Polygon wallets. The tech giant partners with Stripe for crypto payments, supporting MetaMask, Phantom, and Binance wallets. This marks Meta's return to digital assets after shuttering its Diem project. Creators can convert USDC to local currency, though they must ensure wallet compatibility to avoid fund loss.