Meta rolls out stablecoin payouts for creators in Philippines, Colombia
Meta has introduced stablecoin payouts for content creators in the Philippines and Colombia, allowing them to receive payments in a digital currency pegged to the US dollar. This initiative aims to enhance the monetization options for creators on platforms like Facebook and Instagram. The stablecoin payouts are part of Meta's broader strategy to integrate cryptocurrency into its services. The move is expected to simplify cross-border transactions and reduce fees associated with traditional payment methods.
Read the full article: Coin Telegraph