According to CoinDesk, sources familiar with the matter revealed that the tech giant Meta, owned by Mark Zuckerberg, plans to re-enter the stablecoin space in the second half of this year. It is planning to integrate third-party providers to support stablecoin payments and launch a new wallet. The sources said that Meta has issued product demand invitations to third-party companies, with long-term partner Stripe being a potential candidate for the pilot program. Meta first attempted to launch the Libra stablecoin (later renamed Diem) in 2019, but the project was unsuccessful due to regulatory resistance and the impact of the Cambridge Analytica scandal. The project was shut down and assets were sold in early 2022.