Key takeawaysMeta plans to introduce dollar-linked stablecoin payments across its platforms in late 2026. Unlike its earlier Libra attempt, the company will not issue its own cryptocurrency but instead integrate existing stablecoins.Regulatory opposition to the Libra/Diem project made it clear that governments were uncomfortable with Big Tech issuing private global currencies. Meta’s new strategy reflects those lessons by avoiding direct control over the currency itself.Instead of managing stablecoin reserves or issuance, Meta intends to work with external partners that handle infrastructure, compliance and settlement, while Meta itself focuses on user experience and payment distribution.With billions of users across Facebook, Instagram…

In brief Algorand, Provenance Blockchain and Stable jumped by double digits as Bitcoin rallied to an intraday high of $69,135, liquidating over $326M in positions. The rally is driven by a “positioning reset” after weeks of cautious sentiment, Decrypt was told. Myriad users assign just a 44% chance to Bitcoin retesting $84K next, reflecting lingering uncertainty. Bitcoin’s start-of-the-month rally has pushed it close to $70,000, with altcoins and the broader crypto market following suit.Algorand, Stable and Morpho have taken the top spots, notching 23%, 17% and 13% gains over the past 24 hours respectively, according to data from price aggregator CoinGecko.…

AI & Crypto

Read More

Politics

Don't Miss!