Why did Meta choose partners instead of launching an independent stablecoin?

The 2026 payment plan revealed
Meta plans to launch a dollar-pegged stablecoin payment on its platform by the end of 2026, but this time, unlike the early Libra project, Meta will not issue its own cryptocurrency. Instead, it will integrate existing stablecoins.
Why did Meta choose to dance with partners rather than control the currency itself?
The reason lies in the strong regulatory resistance faced by the early Libra/Diem project, especially the cautious attitude of governments worldwide toward large tech companies issuing private global currencies.
Meta’s new strategy has learned from these lessons, opting to avoid direct control over the currency itself, and instead collaborating with external partners responsible for infrastructure, compliance, and settlement tasks.
Meta focuses on user experience and payment distribution.
With billions of users on Facebook, Instagram, and WhatsApp, Meta has the opportunity to deeply embed stablecoin payments into daily social and commercial interactions, offering enormous potential and possibly becoming one of the world’s largest digital payment ecosystems.