Facebook, Instagram To Give Creator Payouts In Stablecoin? Here’s What Meta’s New Announcement Means

Meta Platforms Inc. (NASDAQ:META) has begun offering payouts in USDC (CRYPTO: USDC) to a select group of creators, according to the company’s website.

Crypto Payouts In These Countries

The technology giant, known for its ownership of Facebook and Instagram, stated on its support page that the feature is currently available to “select creators” in Colombia and the Philippines. Eligible users can connect a cryptocurrency wallet and receive payments in the dollar-pegged USDC token on Solana (CRYPTO: SOL) and Polygon (CRYPTO: POL).

Meta also added a detailed guide for receiving these payouts, including information about wallets, addresses, and the risks associated with cryptocurrency transfers.

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