Meta Launches USDC Stablecoin Payouts for Creators in Colombia and the Philippines via Stripe
Image: The Defiant

Meta Launches USDC Stablecoin Payouts for Creators in Colombia and the Philippines via Stripe

29 April, 2026.Technology and Science.12 sources

Key Takeaways

  • Meta begins pilot USDC payouts to selected creators in Colombia and the Philippines.
  • Payouts use Circle's USDC on Solana or Polygon, processed via Stripe to wallets.
  • Represents Meta's return to crypto payments after Libra, with a limited rollout.

Meta’s USDC Creator Pilot

Meta has begun rolling out stablecoin payouts for select creators, letting them receive earnings in Circle’s USDC token on the Solana or Polygon blockchains, according to CoinDesk and Fortune.

Tech giant Meta starts paying some creators in stablecoin with Stripe's support The tech giant is first offering the feature to select creators in Colombia and the Philippines

@coindesk@coindesk

CoinDesk reports that the feature is first being offered to a limited group of creators in Colombia and the Philippines, and that eligible users can link a crypto wallet to their Meta payout account.

Image from @coindesk
@coindesk@coindesk

The CoinDesk account says the program is supported by payments firm Stripe, which will provide crypto-related reporting for users and generate tax documents tied to creators’ earnings and digital asset transactions.

Fortune similarly describes the rollout as a reentry into the stablecoin market, saying the payouts are available on the Solana and Polygon blockchain networks and use USDC.

The Block also frames the change as a new option on Meta’s support page, stating that “(USDC) payments can be made to crypto wallets on either Solana or Polygon.”

Across the coverage, Meta’s approach is consistent: creators connect a compatible third-party wallet and receive USDC rather than having Meta convert to local currency.

CoinDesk adds that the initiative marks Meta’s renewed push into stablecoin payments after its earlier Libra, later Diem, project was shut down amid regulatory scrutiny.

Stripe, Wallets, and Reporting

Stripe’s role is central in multiple accounts of Meta’s pilot, with CoinDesk and The Block describing Stripe as the infrastructure partner that also supplies reporting.

CoinDesk says the program is “supported by payments firm Stripe,” and that creators may receive tax documents from both Meta and Stripe tied to their earnings and digital asset transactions.

Image from Bitcoin News
Bitcoin NewsBitcoin News

The Block quotes Meta’s guidance that “Because stablecoin payments involve digital assets, you may also receive specific crypto-related reporting directly from Stripe,” and it advises creators to keep both Meta and Stripe records for tax filings.

Fortune likewise reports that Meta partnered with Stripe for some crypto-specific tax reporting for the stablecoin payouts, and it says a Stripe spokesperson confirmed to Fortune that it’s working with Meta.

In the wallet layer, CoinDesk says eligible users can link a crypto wallet and receive payouts in USDC on Solana or Polygon, while other outlets list specific supported wallets.

The Block says Meta suggests that “MetaMask, Phantom, and Binance” can be used, and CoinDesk’s coverage emphasizes wallet linking as the mechanism for participation.

Decrypt adds that the feature supports popular wallets including MetaMask, Phantom, and Binance, and it notes that Stripe serves as the payments provider to handle the technical infrastructure.

Off-Ramps, Irreversibility, and Risk

Meta’s pilot is also described as tightly bounded around wallet addresses, with multiple outlets emphasizing that Meta does not provide an off-ramp and that transactions can be irreversible.

Summary - Meta said it will pay some creator earnings in USDC and support wallets on the Solana (SOL) and Polygon (POL) networks

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CoinDesk says creators can link a crypto wallet and receive payouts in USDC, and it describes the service as generating tax documents tied to earnings and digital asset transactions, while other outlets spell out the cash-out mechanics.

The Block reports that Meta provides instructions for creators to convert the USDC into local currency, and it warns that “Funds sent to an unsupported address or network cannot be recovered.”

CoinDesk similarly frames the program as requiring creators to link a crypto wallet, while the Bitcoin News account adds that Meta does not convert USDC to local currency and that creators who want cash must transfer USDC to a compatible exchange, sell for fiat, and withdraw to a bank.

The Block also quotes Meta’s language about technical issues, stating that “In the event of technical difficulties or unforeseen circumstances, Meta reserves the right to pay you using another payment method that you designate.”

The Block further includes Meta’s warning that “Only use a wallet address that accepts USDC on Solana or Polygon. Funds sent to an unsupported address or network cannot be recovered,” reinforcing the irreversible-loss theme.

The Defiant adds a broader framing by stating that Meta is not offering an off-ramp, meaning creators who want to cash out into local currency must move their USDC to a third-party exchange.

From Libra to a New Approach

The pilot is repeatedly positioned as a return to stablecoin payments after Meta’s earlier Libra and Diem efforts, with multiple outlets describing the regulatory and political backdrop.

CoinDesk says the initiative marks Meta’s renewed push into stablecoin payments after its earlier Libra, later Diem, project was shut down amid regulatory scrutiny.

Image from CoinCentral
CoinCentralCoinCentral

Fortune similarly says the rollout follows Meta’s failed attempt to launch its own stablecoin through Libra (later rebranded as Diem), which the company abandoned in 2022 after opposition from lawmakers and Congress.

The Defiant frames the launch as landing “four years after Meta wound down Diem,” and it ties the earlier shutdown to sustained opposition from U.S. and European regulators.

CoinDesk also notes that the move comes after Meta sought the help of third-party vendors to administer stablecoin payments on its platforms, with Stripe among the leading contenders for the integration.

The Block describes Meta’s earlier internal digital assets payment division called Libra, which rebranded as Diem before being shuttered amid heightened regulatory scrutiny.

Even where outlets differ on emphasis, they converge on the structural change: Meta is not issuing its own stablecoin this time, but using USDC.

What Comes Next and Who Benefits

The sources describe the pilot as limited in geography and participation, while also pointing to potential expansion and the broader stablecoin ecosystem.

Tech giant Meta starts paying some creators in stablecoin with Stripe's support The tech giant is first offering the feature to select creators in Colombia and the Philippines

CoinDeskCoinDesk

CoinDesk says the feature is currently available to a limited group of creators in Colombia and the Philippines, and it describes Meta as one of the largest tech firms experimenting with stablecoins for real-world payments, using blockchain rails to move money globally to users without relying on traditional banking systems.

Image from CoinDesk
CoinDeskCoinDesk

The Bitcoin News account adds that Meta plans to expand stablecoin payouts globally throughout 2026, potentially reaching billions of users across its platforms, and it describes the pilot as using Solana and Polygon networks.

Fortune similarly reports that Polygon Labs CEO Marc Boiron said Meta’s stablecoin payout program is expected to expand to more than 160 countries by the end of the year, and it quotes Solana Foundation head of product Catherine Gu saying “Solana has emerged as the default place for internet-scale payments.”

The Defiant adds that the launch follows the 2025 passage of the GENIUS Act, which established the first U.S. federal framework for dollar-backed stablecoins and unlocked a wave of consumer-firm integrations, and it lists examples including Shopify and Western Union.

Decrypt also ties the timing to U.S. regulation, saying stablecoin interest among U.S. companies has grown substantially since last year’s signing of the GENIUS Act, which regulates dollar-pegged crypto tokens.

Meanwhile, CoinDesk notes Visa’s reported stablecoin settlement network figures, stating that Visa reported its stablecoin settlement network hit $7 billion in annualized transaction volume, growing 50% in a quarter.

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