Meta has quietly restarted stablecoin payments, rolling out USDC payouts for select creators in Colombia and the Philippines. The program runs through Facebook’s payout platform and uses the Solana and Polygon blockchains, while Meta says it will not provide currency conversion into local denominations. The move follows Meta’s earlier stablecoin attempt—Libra, later rebranded as Diem—which it abandoned in 2022 after regulatory and political opposition. Meta’s relaunch arrives amid a new stablecoin regulatory pathway after the 2025 GENIUS Act, which created a framework for dollar-backed stablecoins. For the higher education sector, the practical implication is payments infrastructure experimentation: creators and gig workers remain a leading use case for stablecoin-enabled payouts, and compliance tooling is likely to follow. Institutions and vendors building digital payment workflows for international communities may increasingly pressure-proof against emerging stablecoin rails, especially where cross-border transfers and creator economies are involved.
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