Meta plans to partner with a stablecoin to offer cryptocurrency support to its users, according to a latest report.

Bitcoin has risen 30% from its April lows, surpassing the $100,000 mark . With this in mind, investors are now feeling more optimistic, with some believing that this digital currency could surpass the total value of gold.

With this data in mind, a leak now emerges claiming that Mark Zuckerberg , founder of Matea (the company behind Facebook, Instagram, and WhatsApp), plans to partner with a stablecoin to offer cryptocurrency support.

This would mean that its 3 billion users could begin using digital currencies to send and receive money. According to Fortune, Meta is already in talks with companies in the sector to integrate so-called " stablecoins ," a type of cryptocurrency that maintains its fixed value and is considered more secure for payments. However, company spokespersons declined to comment to the aforementioned outlet.

This isn't Meta's first attempt at entering the cryptocurrency world. In 2019, it attempted to launch its own digital currency, Libra (later renamed Diem) , but the project was canceled following pressure from regulators. Now, with a much more mature market and the rise of stablecoins like USDT (issued by Tether, with $150 billion in circulation), Meta seems poised to try again.

The popularity of stablecoins has grown significantly, thanks in part to the support of figures like Donald Trump , who has shown interest in passing laws that would officially integrate cryptocurrencies into the financial system. Tech companies like PayPal and banks like Bank of America are also developing their own versions of these digital currencies.

According to a recent study by British bank Standard Chartered , the stablecoin market could grow nearly three-fold to $2 trillion by 2028 , up from $230 billion today. This is largely due to regulatory pressure in the US.

This week, Zuckerberg participated in a conference for Stripe , a digital payments company that announced it will begin using stablecoins through a specialized company it acquired. There, Zuckerberg acknowledged, "There are a lot of things we're late to, and we need to get back in the game , which I think we're pretty good at."

"This development makes perfect sense: it's already common practice in the metaverse and gaming industries to use stablecoins to enter the in-game economy," said Arnoud Star Busmann, CEO of stablecoin provider Quantoz Payments.

Meta, which is investing heavily in the metaverse (a digital world where people interact through avatars), has the perfect environment to implement this technology on a large scale.