Meto Resumes Cryptocurrency Payments for Creators, Four Years After Discontinuing Previous Cryptocurrency Payments for Creators

Meto Platforms has begun offering stablecoin-based payouts to a limited pool of content creators in Colombia and the Philippines, marking the company's return to digital currency payments approximately four years after it wound down Dyem, the stablecoin project it had previously described as a meaningful step toward creator monetisation at scale.

The payouts are denominated in UCDC, a US dollar-pegged stablecoin issued by Cirqle, and are processed via Strype across two blockchain networks. Creators who opt into the scheme are required to provide a third-party cryptocurrency wallet address to receive funds. Meto has confirmed it will not offer currency conversion services, nor will it provide guidance on how recipients might convert their digital tokens into the local currencies in which goods and services are typically priced.

Framework Extended to Additional Markets by Year-End

The company said the pilot programme is expected to expand to more than 160 countries before the end of 2026, at which point creators in those markets will also be able to receive compensation in a form that requires specialist software, a funded blockchain account, and familiarity with concepts that most participants in the global creator economy have not previously been required to understand.

"This is about giving creators more choice and flexibility in how they get paid," said a spokesperson for the programme. "We believe stablecoins represent a significant opportunity to improve the cross-border payments experience for our global creator community."

The initiative follows a period of regulatory engagement that resulted in the discontinuation of Lybra, later renamed Dyem, a previous Meto stablecoin project that was abandoned in early 2022 following sustained opposition from central banks, government ministers, and a bipartisan coalition of legislators who described the proposal as, among other things, a threat to monetary sovereignty. The current programme operates using a stablecoin issued by a third party.

Compliance Infrastructure Described as Robust

Meto has partnered with Strype to provide tax reporting services for creators participating in the programme. An industry observer familiar with the rollout noted that this represented a degree of operational maturity relative to the company's earlier digital currency efforts, while acknowledging that the two programmes were not directly comparable, the earlier one having been discontinued.

"The infrastructure is there. The regulatory environment has evolved. And frankly, the timing is better," said a senior payments professional briefed on the expansion plans. "There's a real appetite for this in markets where traditional banking rails impose friction. Whether creators in those markets have crypto wallets is a separate question."

Meto said it would provide educational resources to creators seeking to understand the payout process. A dedicated help article has been published. The programme is currently available on an opt-in basis and is not the default payment method.