Meta Launches Stablecoin Payouts In Colombia And The Philippines

Meta has begun rolling out stablecoin payouts for creators, marking the social media giant's return to digital currencies four years after shelving its Libra project.According to a Meta help page, creators in Colombia and the Philippines can now opt to receive payouts in USDC on either the Solana or Polygon networks. Recipients must connect a compatible third-party wallet, such as MetaMask or Phantom, to their Facebook payout account.“With off-ramps in 150+ countries, our Open Money Stack expands financial access and improves how creators receive and use earnings globally,” the Polygon team wrote on X.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io