Meta Moves USDC Payments to Solana
SOL/USDT
$929,265,066.45
$84.31 / $83.44
Change: $0.8700 (1.04%)
-0.0019%
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Contents
Meta's USDC Payment Revolution via Solana
Meta has started offering content creators the opportunity to receive payments in USDC stablecoin. According to the update on the support page, these payments can be made to crypto wallets on the Solana or Polygon networks, the network for SOL detailed analysis. The company reserves the right to switch to alternative payment methods in case of technical issues or unforeseen circumstances. Creators are held responsible for the security of their account information, while they will be able to collect their earnings directly as digital assets. This innovation stands out as a critical step in expanding the social media giant's payment ecosystem.
Meta, which coordinates payments through Stripe, recommends popular wallets like MetaMask, Phantom, and Binance; it also supports similar other options. Since stablecoin transfers involve digital assets, it emphasizes that crypto-focused reporting can be obtained from Stripe and recommends keeping both Meta history and Stripe records for tax declarations. The company's crypto adventure started with its internal payments unit Libra, which later became Diem and ended under regulatory pressure. It issues a clear warning to creators: Only use addresses that accept USDC for Solana or Polygon; otherwise, funds cannot be recovered. It also details the steps to convert USDC to local currencies. The Information first reported this change.
SOL Technical Outlook and Support Levels
Solana (SOL) stands out as a network accelerating with Meta's integration. According to current data, SOL price is at the 84.25 USD level, 24-hour change +0.48%. RSI at 48.02 is in the neutral zone, but the overall trend is downward and Supertrend is giving a bearish signal. EMA 20: 84.7943. Strong supports: S1 83.10 (⭐ Strong, -1.36%), S2 67.50 (moderate). Resistances: R1 84.72 (⭐ Strong, +0.56%), R2 87.29 (⭐ Strong, +3.61%). These levels may increase SOL's recovery potential with Meta traffic.
- Supports: S1 83.10 (66/100), S2 67.50 (58/100)
- Resistances: R1 84.72 (77/100), R2 87.29 (72/100)
The Future of SOL and USDC Integration
Meta's USDC integration is a sign accelerating the integration of stablecoins with traditional payment channels. The platform's preference for Solana, with billions of users, may increase SOL futures transactions volume and set new standards by linking the content economy with the crypto ecosystem. Similar steps in the future will trigger the mainstream transformation of digital assets.
