Meta is preparing to re-enter the stablecoin payments arena later this year, according to sources familiar with its plans. The tech giant intends to launch a dollar-pegged payment system using a third-party vendor, with Stripe named as a potential pilot partner. This move aligns with major growth forecasts for the stablecoin market.
Meta plans to revisit stablecoin technology by integrating a dollar-pegged payment system in the second half of this year. The initiative will proceed with support from a third-party vendor, according to a report.
Three individuals stated the company could start this venture early in the second half of the year. The plan includes introducing a new wallet for the stablecoin-based payment system.
Meta has initiated a request for product proposals sent to several companies. Stripe, which acquired stablecoin payment firm Bridge last year, has been mentioned as a potential pilot vendor.
Stripe CEO Patrick Collison has been a member of Meta‘s board since April 2025. The companies did not respond to requests for comment prior to publication.
The integration aims to increase Meta‘s involvement in digital payments and reduce reliance on traditional banking. It would also create a more streamlined payment system across its platforms.
This places Meta alongside other major platforms like X and Telegram that are developing in-app payment features. The company previously worked on a global digital currency project called Diem, which faced regulatory pressure.
Standard Chartered predicts the stablecoin market cap could rise from its current $304 billion to $2 trillion by 2028. This aligns with U.S. Treasury Secretary Scott Bessent’s prediction of a $3 trillion market by 2030.
