Meta is exploring a re-entry into the stablecoin space, planning to pay creators with digital currency

ChainCatcher news, according to Fortune magazine, Meta is exploring a re-entry into the stablecoin space, using digital currency to pay creators.

It is reported that the social media company launched the Diem (formerly known as Libra) stablecoin project in June 2019. Libra caused a collective panic among central bank governors and was ultimately blocked and shut down at the end of 2021.