Meta pilots USDC payouts for creators in Colombia, Philippines
Meta Platforms has launched a pilot program allowing select content creators in Colombia and the Philippines to receive earnings in USDC, a dollar-pegged stablecoin, directly through compatible cryptocurrency wallets on the Solana and Polygon blockchains.
The feature, now available to a limited group of eligible creators, enables payouts without relying on traditional banking systems. Creators receive a notification in their Facebook app and can link a supported wallet, such as MetaMask, Phantom, Binance, or others including Bybit, Kraken, Exodus, Brave Wallet, Bitso, GCash GCrypto, and Coins.ph. Once connected, earnings settle onchain in USDC, offering faster transfers and lower fees compared to cross-border wire services, which often involve delays and high costs. Meta does not provide conversion to local currencies; creators must handle exchanges themselves via third-party services. Transactions are irreversible, and users bear responsibility for wallet security and correct addresses.
Payments firm Stripe powers the backend infrastructure, managing custody, compliance, and crypto-specific tax reporting. Creators will receive standard Meta tax forms, such as Form 1099 or 1042,...