Insider: Meta plans to re-enter the stablecoin space in the second half of the year

ZkProver · 2026-02-24T16:22:25+00:00

Meta plans to re-enter the stablecoin market in the second half of the year, integrating third-party providers to support stablecoin payments and launching a new wallet. Partner Stripe may participate in the pilot, as Stripe previously acquired the stablecoin company Bridge. Meta launched Libra in 2019 but shut down the project in 2022 due to regulatory issues.

ZkProver

2026-02-24 16:22:25

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ChainCatcher reports that, according to market sources, insiders reveal that Meta, the tech giant owned by Mark Zuckerberg, plans to re-enter the stablecoin space in the second half of the year. They are currently planning to integrate third-party providers to support stablecoin payments and launch a new wallet.

Sources say that Meta has issued product requests to third-party companies, with long-term partner Stripe being a potential candidate for the pilot program. Last year, Stripe acquired the stablecoin-focused company Bridge, and its CEO Patrick Collison joined Meta’s board of directors in April 2025. Meta, Stripe, and Bridge did not respond to requests for comment. Meta first attempted to launch the Libra stablecoin (later renamed Diem) in 2019, but the project was unsuccessful due to regulatory resistance and the impact of the Cambridge Analytica scandal. The project was shut down and assets were sold in early 2022.

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