Tech giant Meta (META) is looking to introduce a stablecoin to manage payouts, Fortune reported, citing five sources familiar with the matter.
Meta has also hired a vice president of product, Ginger Baker, who has crypto experience to help with its stablecoin efforts, Fortune said.
STORY CONTINUES BELOW
Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters svg]:max-w-[theme(spacing.8)] transition-transform-colors-opacity motion-reduce:transition-none text-default-foreground data-[hover=true]:opacity-hover w-full md:w-auto bg-new-yellow”>
Trending: The woman who became America’s most famous preacher and then disappeared
Sign me up
By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.
The company’s foray back into crypto is worth noting, given that its 2019 blockchain project Libra, later renamed Diem, came
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!