Community Articles

via CoinDesk · By CoinDesk Staff

Meta is paying creators in Stablecoins. Spending them is someone else's problem

CS
CoinDesk Staff
(04:30 PM UTC)
1 min read
JM
Approved byJames Mitchell
1404 views
0 comments

Meta’s decision to pay creators in USDC validates stablecoins as a mainstream disbursement tool, Joslyn suggests, but it also exposes the industry’s unresolved problem: moving seamlessly from digital dollars to usable local currency.

In March, when Meta announced plans to begin paying creators in USDC across Colombia and the Philippines, with expansion to more than 160 countries expected by the…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CoinDesk Staff · CoinDesk

Read original →

Comments
Comments
Other Community Articles