Meta is exploring the use of stablecoins to facilitate cross-border payments, with a particular emphasis on low-cost transfers for digital content creators on platforms like Instagram. This initiative signals a renewed interest in adopting blockchain technology after the company’s earlier Diem project did not succeed. Currently, Meta is reportedly in preliminary discussions with multiple cryptocurrency infrastructure providers but has not yet selected a specific stablecoin issuer. The project aims to enable low-value international transactions for creators and freelancers working across various markets. Leading this effort is Ginger Baker, Meta’s vice president of product, who has previously held senior positions at fintech company Plaid and sits on the board of the Stellar Development Foundation. This move is consistent with broader trends in the financial industry, where firms including Visa, Fidelity, and Bank of America are investigating the use of stablecoins within regulated digital payment frameworks.