6 Articles
6 Articles
'No thanks': MAGA senator thumbs nose at billionaire Trump ally's reported new venture
A MAGA senator expressed deep opposition Thursday evening to a reported new venture eyed by Meta, the parent company of Facebook and Instagram. CEO Mark Zuckerberg has proposed deploying stablecoins, a form of non-volatile cryptocurrency pegged to the U.S. dollar — this month, according to new repor...
Meta back in stablecoin talks three years after phasing out landmark crypto project
Meta seems to have caught the stablecoin bug and is reportedly testing crypto waters again. According to sources, who spoke on the condition of anonymity, claimed the company has been engaging crypto firms with plans to introduce stablecoins as a means to manage payouts. It has even allegedly hired a vice president of product with crypto experience to help steer the negotiations. Meta’s renewed interest in stablecoins due to growing popularity a…
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