TechFlow News, February 24: According to a CoinDesk report, insiders revealed that Meta—the parent company of Facebook—plans to re-enter the stablecoin space in the second half of 2026 and is currently seeking partnerships with third-party providers to manage stablecoin payments and implement new wallet functionalities. Sources indicated that Meta has issued Requests for Proposals (RFPs) to multiple third-party companies, with payments giant Stripe considered a potential partner; Stripe acquired Bridge, a stablecoin-specialized firm, last year.
This will mark Meta’s second attempt at launching a stablecoin, following its 2019 effort to introduce Libra (later renamed Diem). Unlike its prior approach, Meta is now adopting a “hands-off” strategy—relying on third parties to operate the payment system—to mitigate potential regulatory risks.
