Meta Picks Solana And Polygon For Creator Stablecoin Payouts
Meta has begun rolling out USDC payouts for select creators in Colombia and the Philippines, marking the company’s most concrete return to crypto payments since the collapse of its Libra and Diem ambitions. The feature uses Solana and Polygon as supported blockchain rails, putting two major public networks inside a creator-payment flow run through Meta’s […]
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Facebook paid its creators nearly $3 billion in 2025 — a 35% jump from the year before. Now some of those Meta creators will get paid in crypto. Related Reading: Dogecoin Futures Open Interest Explodes As Leveraged Traders Pile In Meta: A Second Try At Digital Payments Meta has begun rolling out USDC stablecoin payouts to select creators in the Philippines and Colombia, marking the company’s return to digital currency after a failed attempt years ago. Creators who sign up can link a third-party crypto wallet to Facebook’s payout platform and receive funds directly on the Solana....
Following the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm has launched tether tokens on the Polygon network. The Polygon integration follows the stablecoin being added to the Avalanche and Kusama blockchain networks.
Tether Joins the Polygon Blockchain Ecosystem
The largest stablecoin by market capitalization, tether (USDT), is now supported on the Polygon blockchain (formally called Matic). USDT’s market valuation today is $72.6 billion and the stablecoin trade volume is $59.15 billion....
An “end-to-end toolkit” for creators to make, show, and sell “digital collectibles” is coming to the social media platform Instagram. Social media platform Instagram is set to introduce a number of nonfungible token (NFT)-related tools that will allow creators to mint, show and sel NFTs.Instagram parent company Meta said on Nov. 2 during its Creator Week 2022 event that the platform would allow its creators to make “digital collectibles” and sell them “both on and off Instagram.”Meta says creators will have an “end-to-end toolkit” from creating, showing, then selling NFTs within the....
Is the FTC unfairly targeting Meta? Or are they on to something with their monopoly claims? The facts come to light in the FTC lawsuit against the company formerly known as Facebook. Their aim is clear, to block Meta from acquiring Within Unlimited, creators of the popular Supernatural app. “The agency’s complaint notes that according […]
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price Collapses A Polygon (MATIC) blockchain-based stablecoin called safedollar (SDO) has lost all of its value, according to crypto market aggregation sites and even the official website safedollar.fi. The website shows the price per SDO is zero and members of the algorithmic defi stablecoin....