Meta has begun paying select creators in USDC stablecoin on Solana and Polygon via Stripe, marking Facebook’s first crypto payout program since the company wound down its Libra/Diem effort. The program went live April 29 and currently covers eligible creators in Colombia and the Philippines, who can link a MetaMask, Phantom, or Binance wallet to receive earnings in Circle’s USDC.
Stripe, which acquired stablecoin infrastructure firm Bridge in late 2024, is the payments provider handling transactions and generating crypto-related tax documents for creators. Meta emphasized it is not issuing a Meta stablecoin and is using Circle’s existing USDC, which has a market cap exceeding $77 billion.
The rollout aligns with Meta’s February plans to enter stablecoin payments using third-party infrastructure, with Stripe chosen after an RFP process. Solana’s inclusion is notable for its speed and low fees—transactions on Solana finish in roughly 400 milliseconds with fees under $0.001—and for high USDC settlement volume; Circle reportedly minted over $10.5 billion USDC on Solana in a single month earlier in 2026. Given Meta paid content creators nearly $3 billion in 2025, even partial adoption of stablecoin payouts could shift meaningful volume onto Solana and Polygon.
This approach contrasts with the failed Libra/Diem effort launched in 2019 and shuttered by 2022 after heavy regulatory pushback. Rather than attempting to issue a currency, control wallets, and run settlement, Meta is positioning itself as a customer: Circle issues USDC, Stripe handles payments and reporting, and Solana and Polygon provide settlement rails, while Meta supplies distribution across Facebook, Instagram, and WhatsApp’s more than 3 billion users.