These days, stablecoins need to be tied with regulation if they really want to grow.
And I’m pretty sure Facebook, being one of the biggest companies in the world, can pull that off. They already have a massive platform, so I’ve got no doubt their stablecoin could become huge in the future.
Just their user base alone which is billions of people, is already a strong market for it.
https://backlinko.com/facebook-users Facebook monthly active users: Right now, 3.065 billion monthly users access Facebook’s platform, a 3.44% increase year-over-year