Meta launched USDC stablecoin payouts to content creators in Colombia and the Philippines in April 2026, partnering with Stripe to enable payments on Solana and Polygon blockchain networks. Eligible creators among Meta's 3 billion global users can link crypto wallets and receive earnings in Circle's USDC token, with Stripe providing crypto-related tax reporting through its Link wallet service. The initiative marks Meta's return to stablecoin payments after shutting down its Libra project (later renamed Diem) in 2022 amid regulatory scrutiny. Meta sought third-party vendors in February 2026 to administer the stablecoin payment system, with Stripe emerging as the infrastructure partner.
Meta's stablecoin payout program for creators
- ▪Meta started offering stablecoin payouts to creators in April 2026
- ▪Meta's stablecoin payout feature is currently available to a limited group of creators in Colombia and the Philippines
- ▪Eligible Meta creators can link a crypto wallet and receive payouts in Circle's USDC token on the Solana or Polygon blockchain networks
- ▪Meta creators may receive tax documents from both Meta and Stripe tied to their earnings and digital asset transactions
- ▪Meta has over 3 billion users across its social media platforms globally
Stripe's role in facilitating crypto payments
- ▪Meta sought the help of third-party vendors to administer stablecoin payments on its platforms in February 2026, with Stripe among the leading contenders
- ▪Stripe provides crypto-related reporting for Meta creators receiving stablecoin payouts
- ▪Stripe enables businesses to send stablecoin payouts directly to customers using Link, Stripe's customer checkout service
- ▪Stripe is partnering with Meta so Meta creators can receive stablecoins in their Link wallets in countries like the Philippines and Colombia
Meta's return to crypto after the Libra/Diem failure
- ▪Meta's stablecoin payout initiative marks Meta's return to stablecoins after attempting to introduce the Libra token
- ▪Meta's stablecoin payout program signals a return to crypto-powered payments years after shelving Meta's Libra project
- ▪Meta shut down the Diem project amid regulatory scrutiny in 2022
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