Meta is planning to deploy a stablecoin this year after issuing a request for proposals (RFP) to third-party companies, CoinDesk reported on Tuesday, Feb. 24.
CoinDesk also noted that a potential partnership with payments giant Stripe could be in the works, though no official confirmation has been made. A potential collaboration with Stripe would leverage the payment company’s expertise and existing infrastructure in the stablecoin domain.
The development comes as the company seeks to re-enter the stablecoin market following the collapse of its previous Libra/Diem project due to regulatory pressures. The stablecoin sector currently boasts a market capitalization of over $308 billion, up from $206 billion in January 2025, according to DeFiLlama.
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