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Media: Meta Revisits the Concept of Launching a Stablecoin Following the Diem Initiative, 2026/02/25 10:36:05
The company Meta, led by Mark Zuckerberg, is preparing to re-enter the stablecoin market in the latter half of the year, according to media reports citing sources.
Meta has reached out to third-party payment service providers, exploring the use of stablecoins for transaction purposes. This information was shared by a source who spoke to the media on the condition of anonymity, as Meta’s plans are not public. It is believed that this tool could facilitate nearly instantaneous transfers for billions of Meta users with minimal banking fees.
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One source indicated that among the potential partners is the payment company Stripe. Stripe’s CEO Patrick Collison joined Meta’s board of directors in April 2025. Last year, Stripe acquired the Bridge platform, which offers companies tools for issuing and utilizing stablecoins and executing international payments.
Meta previously attempted to launch its own stablecoin, Libra, which was rebranded to Diem in 2019. However, its launch was ultimately halted due to pressure from U.S. regulators. They expressed concerns that Diem could disrupt global financial stability and jeopardize payment security. In early 2022, Meta abandoned the project.
Currently, the regulatory landscape in the U.S. has evolved. Last year, former President Donald Trump signed the GENIUS Act, which regulates the issuance and circulation of stablecoins, creating favorable conditions for new token issuers. However, the negative experience with Libra/Diem has led Meta to take precautions this time by engaging a third-party payment service provider, sources noted.
A few years ago, Meta launched the Horizon Worlds metaverse, but a group of Democratic senators called for the company to restrict access to the metaverse for minors due to concerns that the virtual environment could harm children’s mental health.
