Meta Launches USDC Payments on SOL and Polygon
Tech Meta Launches USDC Payments on SOL and Polygon The social media giant Meta, owner of Facebook and Instagram, has launched stablecoin-based payments for content creators. This feature, brought to life with Stripe‘s infrastructure support, is currently available to a select group of creators in Colombia and the Philippines. Eligible users can connect their crypto wallets to receive Circle’s USDC token on SOL detailed analysis or Polygon networks. The innovation announced on Meta‘s website signals the company’s return to crypto payments. This step shows the platform, which has long relied on traditional payment systems, is shifting toward blockchain. Meta had previously abandoned its project, which started as Libra and evolved into Diem, in 2022 due to regulatory pressures. Now, its integrating stablecoin payments through third-party providers; Stripe has been a leading candidate since February. The payment company will provide reporting services for crypto transactions to users and prepare tax documents alongside Meta. A Stripe spokesperson confirmed their involvement. The service enables content creators to quickly receive earnings via digital assets, expanding global reach. Other fintech players are also preparing similar integrations. SOL Technical Analysis and Market Status SOL price is currently at $83.02, down -2.47% in the last 24 hours. RSI at 44.98 is in