Compass Investments

– Catch the moment: According to reports cited by CoinDesk, Meta has sent out requests for proposals (RFPs) to a number of third-party companies, looking for execs who could handle the administration of steblicoin-based payment solutions. It is said that Meta plans to enter the realm of stablecoins by the end of this year, if the integration of external payment systems goes well.

New vector: Previously, Meta scrapped projects to issue its own steblecoin “Diem” (a digital asset tied to a pool of key global currencies and U.S. government bonds) due to uncertainty and apparent regulatory pressure. This time, the company is opting for a more prudent strategy: it delegates a significant part of tasks to external contractors and departs from the original concept of a globally oriented, volatility-resistant currency.