Meta (Facebook), a US tech giant, is all set to launch USDC payouts for creators on its platforms in Colombia and the Philippines, and then extend to other nations.
The wallets of the participating creators on the Solana or Polygon blockchains will get their payouts directly. However, as Meta does not have an in-built conversion mechanism, an external exchange is required to convert USDC into fiat currency, according to Wednesday’s publication.
Plans to Expand to 160+ Markets
Currently, the stablecoin initiative is only available to a small number of Colombian and Filipino creators, but Polygon said on Wednesday that it would soon expand to other nations.
Polygon stated:
“Live in Colombia and the Philippines, with 160+ markets coming, users now get faster settlement with USDC while gaining access to dollar-denominated assets. This is how creators’ lives are improved.”
Stablecoins are a substantial use case for cryptocurrencies. As per several analysts, financial institutions in Europe are actively selecting infrastructure partners to encourage the use of stablecoins.
Connecting an external cryptocurrency wallet to Facebook’s payout mechanism allows users to receive stablecoin as payment. Meta said that it “reserves the right to pay” using an other payment mechanism in the case of “event of technical difficulties or unforeseen circumstances.”
Individuals that are able to generate revenue via the sharing of material on the company’s platforms, such Instagram and Facebook, are known as meta creators. This encompasses those in the fields of education, influence, and the arts. Approximately $3 billion was distributed to creators by Facebook in 2025, an increase of 35% from the previous year, according to the firm. The company is now paying its creators in stablecoins, after years of abandoning its open-source stablecoin project Diem due to legal issues.