Meta Launches USDC Creator Payout Pilot on Solana and Polygon

Meta Launches USDC Creator Payout Pilot on Solana and Polygon

N
News Editor 01
2026-07-22 12:16:13
Meta is piloting USDC payouts for select creators in Colombia and the Philippines, sending earnings to wallets on Solana or Polygon with Stripe handling backend processing.
MetaUSDCSolanaPolygonStripe

Meta has started offering USDC payouts to select creators in Colombia and the Philippines. According to Solana, eligible users can now receive earnings directly into crypto wallets on the Solana and Polygon networks, while Stripe handles backend processing. The pilot extends Meta’s creator payment system into blockchain-based transfers aimed at cross-border settlements.

Creators can receive earnings directly in supported wallets

Meta said users must link a compatible wallet address that supports USDC on Solana or Polygon. Wallets listed in its documentation include MetaMask, Phantom, and Binance, among others. The company also warned that transactions sent to unsupported networks cannot be reversed. That makes wallet and network selection a critical part of the payout flow.

Funds are paid out in USDC and are not automatically converted into local currency. If creators want fiat, they need to move the tokens to an exchange, sell them, and withdraw the proceeds on their own. Meta also said it may change the payout method if technical issues arise during a transaction.

Stripe runs the backend and tax records may come from both sides

Stripe provides the infrastructure behind the payout system and may issue crypto-related tax documentation connected to these transfers. Depending on location, creators may also receive standard forms such as 1099 or 1042. Meta told users to keep records from both Meta and Stripe for reporting and reconciliation purposes.

Colombia and the Philippines are the first testing ground

The rollout is focused on Colombia and the Philippines, where creators often face high conversion fees when collecting cross-border earnings through traditional payment rails. USDC is being positioned here as a lower-cost and faster settlement option. The source also notes that stablecoins processed about $33 trillion in transactions in 2025.

The system also uses Circle’s Cross-Chain Transfer Protocol to move USDC natively across blockchains. It relies on a burn-and-mint model instead of wrapped assets or external liquidity pools. That setup is designed to make transfers work more like moving balances within a single ledger.

Meta returns to blockchain payments with a different structure

Meta previously pursued Libra, later renamed Diem, before shutting the project down in 2022. That effort was stopped by regulatory pressure in the United States and Europe. This time, Meta is not issuing its own digital currency and is instead using USDC, the regulated stablecoin issued by Circle.

The pilot also matches Meta’s earlier plan to explore stablecoin integrations through third-party partnerships. After Meta requested proposals in February 2026, Stripe became the main partner for the initiative. The current pilot keeps that approach intact and centers on lower-friction global payouts for creators.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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