Meta, one of the largest tech companies, has integrated stablecoin payments (USDC and SOL) for its creators in the Philippines, revamping a previously shelved project called Diem. The project is expected to be a stepping stone towards full crypto integration.

Last year, Meta shelved the Metaverse project due to losses.

Now, the Diem project shows that crypto is getting serious mainstream adoption.

This move is expected to be a stepping stone towards stablecoin payments across its social media platforms such as WhatsApp, Instagram, and Facebook.

submitted by /u/tractorix [link] [comments]r/CryptoCurrencyRead More

You might also be interested in reading IBM Q2 Earnings on deck: Analysts see upside from expanding AI services.