Crypto News

META TESTING STLECOIN Wages integration: Report

Technical company Meta reports, as investigating the integration of Stablecoin payments on their platforms after a three-year crypto-curing hiatus, reported wealth, inviting themselves to meet that way.

A Facebook Parent has held conversations with several crypto infrastructure companies in consultations, but did not select a crucial course of action, according to report.

One source said the company can take over multi-token access and integrate support for popular stablecoine such as Tether’s USDT (USDTT), Circle is USD coin (USDC) and others.

The target is the latest technology that integrated or investigated the use of stable persons for payments, because they are increasingly attracted to institutional interest and investment, causing the market capitalization of Stablecoin to pass next to $ 230 billion.

Stablecoin, target
Stablecoin Market Review. Source: Rva.kiz

Related: A US SteadyCoin Account was blocked as Democrats withdraw support

StableCoins attract more institutional investments and become strategic interest from the US

Several payment companies announced investments in StableCoin or announced Steblekoin Integration in May this year.

7. May, the payments of a giant visa announced it was Inputed in Stablecoin Startup BVNK. Although the job details remain scarce, Visa’s head of product and partnership, Rubail Birvadker, said Stablecoins commanded the increasing market share of payment.

Stripe, a global payment platform, StableCoin-based accounts launched For customers in over 100 countries 7. May.

Accounts allow users to store a stablecoin condition or transmit tokens to other users and pull stablecoin balance as a FIAT currency to traditional bank accounts.

World Freedom Financial (VLFI), CRIPTO FIRMA Supported by US President Donald Trump, Started USD1In March, American dollar-viglecoin.

In May, USD1 was Seventh biggest stablecoin Market caps – emphasizing rapid growth of tokenized fiat market.

Trump administration has repeatedly stated that Stablecoins are central for American policy and the way extend the hegemony of the US dollar By turning on Demand for the US Government BrendaAnd other government securities.

Stablecoin, target
Source: Scott Bessent

However, comprehensive regulations on Stablecoin were stopped 8. May after democratic senators Was blocked by Genius StableCoin Bill – Dashing hopes of high officials in Trump administration.

“Senate missed the opportunity to provide management today. This account represents an opportunity to expand the dollar dominance,” said Treasury Secretary Scott Bessent in May 8 K mail.

Journal: UnstableCOins: Recording, Bank Racing and Other Risk