According to ChainCatcher and Fortune, three years after abandoning the Libra/Diem project, Meta is in preliminary talks with multiple crypto companies about stablecoin applications, exploring cross-border payments for creators to reduce fees. Since January, former Plaid executive Ginger Baker has been serving as Meta's Vice President of Product, leading these efforts.
Meta plans to enter the stablecoin field again and has abandoned the Diem project
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