Is Meta Plotting a Stablecoin Comeback Years After Libra's Flop?
Harkening back to the late 2010s, Meta Platforms NASDAQ: META is reportedly exploring the use of cryptocurrencies in its business, specifically stablecoins. Meta had its first foray into stablecoins in June 2019 with Libra. Ultimately, due to regulatory issues and reputational risk, Libra was unsuccessful. This came despite the Libra Association having payment behemoths like Mastercard NYSE: MA and Visa NYSE: V among its founding members. Meta Platforms TodayMETAMeta Platforms$684.40 -3.55 (-0.52%) 52-Week ...