CoinDesk Podcast Network Meta Plans Stablecoin Comeback This Year | CoinDesk Daily
Feb 24, 2026
Meta is reportedly plotting a stablecoin comeback and seeking payment partners to handle integration. The show revisits Libra/Diem’s regulatory fall and how new partnerships might smooth a relaunch. Coverage also includes a sudden stablecoin depeg incident and a lawsuit accusing trading firms of profiting from Terra’s collapse.
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Meta Plans Stablecoin Comeback With Third-Party Partners
- Meta is planning to re-enter the stablecoin market as early as the second half of this year.
- Jennifer Sanasie reports Meta is outsourcing integration to third-party firms like Stripe to avoid past regulatory backlash from Libra/Diem.
Libra's Collapse Shapes Meta's New Strategy
- Meta's earlier attempt Libra, later Diem, collapsed under heavy regulatory pushback and assets were sold in 2022.
- The failure is used as context for why Meta now prefers partnering with established payment processors for a smoother path.
Stablecoin Peg Vulnerabilities Exposed by Coordinated Attack
- World Liberty Financial's USD1 stablecoin briefly slipped from its $1 peg to $0.99 after suspected coordinated attacks and hacked co-founder accounts.
- Developers say robust redemption mechanisms backed by U.S. Treasuries helped the token rebound above $0.99.