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Meta Launches USDC Creator Payouts on Solana and Polygon
Meta has started USDC payouts for creators in Colombia and the Philippines on Solana and Polygon. Creators must connect a third-party wallet such as MetaMask or Phantom to receive funds. Stripe is handling crypto-specific tax reporting, but Meta is not offering an off-ramp, so users must move USDC to a third-party exchange to convert into local currency. The rollout marks Meta’s return to digital currencies four years after it wound down Diem, the rebranded Libra project.