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Meta Is Looking to Enter Red-Hot Stablecoin Market: Fortune

The tech giant reportedly also hired a vice president of product with crypto experience to help with the stablecoin efforts.

WASHINGTON, DC - JANUARY 31: Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. The committee heard testimony from the heads of the largest tech firms on the dangers of child sexual exploitation on social media. (Photo by Alex Wong/Getty Images)