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Mark Zuckerberg's Meta may be ready to take another run at digital payments via a stablecoin integration, according to a new report.

Meta is "aiming to enter the stablecoin space later this year" and has contacted third-party firms that could help facilitate stablecoin-based payments, CoinDesk reported, citing anonymous sources.

The move would represent a renewed interest in digital payments and stablecoins. Meta, with its social media and messaging platforms Facebook, Instagram, and WhatsApp, has billions of users worldwide and had its own stablecoin division, at one point, called Libra. The division was later rebranded as Diem in 2020 before eventually being scuttled amid heightened regulatory scrutiny for crypto-based projects.

...read more at theblock.co