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-0.000736649651454537 -0.00241661658463361 -0.00232152411671789 -0.00259887714813891 -0.00374791113545488 -0.00956440042297133 -0.00956440042297133 -0.00956440042297133
Stock impact report

Meta unveils a surprising new way to pay creators in stablecoins [Yahoo! Finance]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Yahoo! Finance
Mark Zuckerberg 's Meta is officially integrating digital currencies into its payment infrastructure, allowing creators to receive earnings in stablecoins. Meta has teamed up with payments giant Stripe to let creators get paid in USDC — a stablecoin pegged to the US dollar — directly through Facebook. The payments run on the Solana and Polygon blockchain networks, two of the faster, cheaper rails in the crypto world. Related: Solana Policy Institute president says fight over stablecoin rules is about 'competition' Starting small, thinking big The program is initially rolling out to creators in the Philippines and Colombia For creators, the process is straightforward. Those who opt for these digital payouts are prompted to enter a third-party crypto wallet address into the Facebook payout platform. It is important to note that Meta will not provide "off-ramp" services, which are the tools used to turn digital tokens back into local cash. Instead, the company suggests tha Show less Read more
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