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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
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- 🧠 #GateGiveaway# - Crypto Math Challenge！
💰 $10 Futures Voucher * 4 winners
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1️⃣ Follow Gate_Square
2️⃣ Like this post
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📅 Ends at 4:00 AM July 22 (UTC)
Meta is once again considering integrating stablecoins to drop payment costs after selling the Diem project.
According to Mars Finance, Meta is considering integrating stablecoins to drop the payment costs compared to fiat, such as payments to Instagram creators. Reports say, "The company does not seem to have determined which stablecoin to use specifically at this time." Additionally, Meta has "contacted crypto infrastructure companies to address the cost issues of cross-regional payments." The company has also hired "former Ripple executive Ginger Baker as Vice President of Product." This renewed focus on stablecoins comes as "U.S. regulators have taken a more favorable attitude towards crypto assets since President Trump took office." In 2019, Meta launched the stablecoin project Libra, later renamed Diem, but "due to regulatory crackdowns, the project failed to launch on schedule and was eventually closed." The intellectual property of Diem has been sold to SilverGate.io Bank, although the bank later announced bankruptcy, "the project continues in new chains like Aptos using the MOVE language, but is no longer associated with Meta."