After selling its Diem stablecoin project in 2022, tech giant Meta might be getting back into the stablecoin world using third-party rails.

Citing undisclosed sources familiar with the plans, CoinDesk reported that Meta has sent out a request for product (RFP) to third-party firms, as the company aims to start integrating stablecoin payments into its products in the second half of this year.

Bloomberg, also citing undisclosed sources, added that Meta is already testing digital payments on its existing payments platform, while existing stablecoins will be used for a "small and focused trial."

Payments giant Stripe, which is also developing its stablecoin payments, has been mentioned as a likely company contacted by Meta with an RFP.

In either case, it seems that this time, Meta is not creating its own stablecoin and is planning to simply use existing solutions by integrating them into its products.

Andy Stone, Communications Director at Meta, confirmed that "nothing has changed" and that "there is still no Meta stablecoin."

"This is about enabling people and businesses to make payments on our platforms using their preferred method," Stone said, adding that the company already supports more than 50 currencies in more than 100 countries, digital wallets, instant account-to-account payments, debit and credit cards, as well as local payment methods.

In either case, these plans haven’t appeared out of the blue. In May 2025, Fortune reported that Meta was in discussions with "crypto firms" to introduce stablecoins to manage payouts. Also, per the report, the company hired a vice president of product with crypto experience to help with these discussions.

In April 2025, Stripe CEO Patrick Collison became a member of the board of directors at Meta.

While the stablecoin-related work is still in progress, the market is debating what this move might mean for the broader payments industry.

Marc Baumann, Chief Growth Officer at Dfns, a wallets-as-a-service platform, noted that by enabling stablecoin payments, Meta would enter direct competition with Elon Musk’s X and Telegram, as these two major platforms race to become super apps with built-in payments.

"If Stripe and Bridge become the rails behind Meta's payments, we're looking at the largest stablecoin distribution play in history," he said.

Meanwhile, Simon Taylor, the author of the Fintech Brainfood newsletter, said that stablecoins will improve cross-border flows for Meta, especially in so-called long-tail markets where the company already operates.

However, there might be something even bigger at play – the agentic economy.

"They're building agents that shop and transact autonomously – "agentic commerce." In that world, stablecoins aren't the product. They're the settlement layer for AI-driven payments," Taylor concluded.

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