Meta’s Stablecoin Comeback Is More Than a Libra Sequel
Meta is reportedly preparing a return to stablecoins in the second half of 2026 — but this time, the company appears to be avoiding the old mistake of trying to mint a quasi-sovereign currency of its own. Instead, the reported plan is to integrate dollar-pegged stablecoin payments across Facebook, Instagram, and WhatsApp using outside infrastructure partners. Multiple follow-on reports say Meta has been sending requests for proposals (RFPs) to external firms, with Stripe widely mentioned as a likely partner.
Meta To Build Subsea Network
Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, is embarking on an ambitious project to construct a 40,000-kilometer subsea fiber-optic cable network, with an estimated investment exceeding $10 billion.
Facebook-Backed Diem Project Quits Stablecoin Bid
The Facebook/Meta backed Diem Association has decided to wind up as regulatory opposition to its stablecoin project proves too great.
Building Web3 – Why a Meta team left to found Mysten Labs
Evan Cheng is co-founder at Mysten Labs. Mysten is building the foundational infrastructure to accelerate Web 3.0 adoption. The founding team recently left their positions at Facebook (Meta), where they developed Diem, Novi – Facebook's digital wallet, as well as highly composable blockchain language, Move.