BlockBeats News, February 24th, according to sources familiar with the matter cited by CoinDesk, Meta plans to enter the stablecoin field later this year, provided it can successfully integrate with third-party companies to enable payments using token technology pegged to the US dollar. The tech giant owns Facebook, WhatsApp, and Instagram, with over 3 billion users.
One of the sources said Meta hopes to start its stablecoin integration work in the first half of this year. The individual, who asked for anonymity as the plan has not been made public, also said Meta plans to integrate with a company to help manage stablecoin-supported payments and roll out a new digital wallet.
Another source said Meta has issued a Request for Proposals (RFP) to third-party companies and mentioned that Stripe could be a partner for Meta's stablecoin pilot. Stripe acquired the stablecoin company Bridge last year and has been a long-term partner of Meta, with Stripe's CEO Patrick Collison joining Meta's board in April 2025.
Meta, Stripe, and Bridge were contacted for comment but had not responded at the time of writing.