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Meta Not Done With Crypto—Stablecoin Strategy Back On The Table

Bitcoinist LogoBitcoinist14h ago

Meta Not Done With Crypto—Stablecoin Strategy Back On The Table - Bitcoinist

Quick Summary:

Meta is secretly pursuing a new direction into crypto, almost three years after it closed its struggling Diem project.

The aim this time is not to build a new digital currency but to leverage current stablecoins to facilitate small payments between platforms such as Instagram.

Visa partnered with a firm called Bridge and invested in BVNK, a startup that specializes in stablecoins.

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Meta Not Done With Crypto—Stablecoin Strategy Back On The Table - Bitcoinist (Picture 1)Meta Not Done With Crypto—Stablecoin Strategy Back On The Table - Bitcoinist (Picture 2)

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-10 @ 02:00:33 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 385 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28525254

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 18 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Meta Not Done With Crypto—Stablecoin Strategy Back On The Table" has 385 words across 34 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Meta Not Done With Crypto—Stablecoin Strategy Back On The Table" was covered 14 hours ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 18 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #28525254
  • URL: https://amm.beamstart.com/news/meta-not-done-with-cryptostablecoin-17468428069854

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