After a 4‑yr hole, Meta has reentered the stablecoin market. Mark Zuckerberg’s social‑media empire has begun rolling out digital forex payouts for choose creators in Colombia and the Philippines, utilizing $USDC on the Solana and Polygon networks, in response to info on its webpage.
To obtain payouts, creators should join a appropriate crypto pockets, similar to MetaMask, Phantom or Binance, to their Fb payout account, guaranteeing it helps $USDC on both Solana or Polygon.
Meta doesn’t provide an off-ramp; creators wishing to money out should switch funds to a third-party change, commerce $USDC for native forex and withdraw to a checking account, with change charges making use of.
Stripe handles crypto-specific tax reporting for payouts alongside Meta’s normal kinds.
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