Paymentology CTO Says Meta Program Shows Limits of Stablecoin Payouts

Meta began stablecoin payouts for creators in Colombia and the Philippines in March. Tim Joslyn of Paymentology said the model is a faster account transfer method, not a full payments solution. Creators still must convert USDC to local currency due to poor integration with local banking and card systems. Joslyn argued stablecoins excel at settlement but remain invisible and complex for everyday users outside crypto-native flows.