According to Senator Elizabeth Warren, on May 8 she demanded that Meta CEO Mark Zuckerberg respond to seven detailed questions by May 20 regarding the company’s plans to integrate a third-party stablecoin into its platform by the second half of 2026. In a letter to Zuckerberg, the Ranking Member of the Senate Banking Committee raised concerns that the move could compromise financial stability and consumer privacy across Meta’s 3.5 billion-user network. Warren cited reports that Meta is currently conducting a “small and focused trial” using a third-party stablecoin ahead of the broader rollout. Her questions address trial structure, risk management controls, privacy guardrails, and whether Meta intends to issue its own stablecoin or private currency.
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