Meta has started paying a select group of creators in USDC, a stablecoin issued by Circle. The payouts are available on the Solana and Polygon blockchain networks.
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The feature is currently accessible to eligible creators in Colombia and the Philippines. Creators can link a third-party crypto wallet supporting Solana and Polygon networks to their Facebook payout account to receive earnings. Meta will not provide currency conversion from USDC to local currencies. To avail the “cash out’ function, users are advised to use local crypto exchanges.
Stripe is handling crypto-specific tax reporting for the newly-added payouts. Therefore, creators may receive tax documents from both Meta and Stripe.
“We strive to offer the most relevant payment methods, which is why we are exploring how stablecoins could become part of our suite of options,” a Meta spokesperson said.
A Stripe spokesperson confirmed the company is working with Meta on this initiative. The fintech company has an advanced stablecon settlement program, enabling both one-time payouts and recurring transactions, which makes it suitable for platforms with different revenue models.
“The future of marketplace payouts is being built on blockchain infrastructure like Polygon,” said Polygon Labs CEO Marc Boiron. He added that Meta’s stablecoin payout program is expected to expand to more than 160 countries by the end of the year.
“Solana has emerged as the default place for internet-scale payments,” noted Solana Foundation head of product Catherine Gu. The blockchain network hosts, for instance, U.S. Dollar Payment Token (USDPT) stablecoin by Western Union.
Meta, that serves over 3 billion users globally, previously attempted to launch a stablecoin called Libra in 2019, later rebranded as Diem. The project was abandoned in 2022 following opposition from lawmakers.
Today, the regulatory landscape in the country has changed. The GENIUS Act, passed in 2025, established a regulatory framework for dollar-backed stablecoins in the United States. However, Meta did not resume its Libra plans, instead opting out for already widely used and properly regulated USDC token.
Visa has been practicing stablecoin payouts to creators, freelancers, and gig economy workers since last November. This April, the card network expanded its stablecoin setllement initiative to nine blockchains in total. Solana and Polygon are also included in the mix.
