Cathie Wood’s Ark Invest sold large stakes in major tech names including Meta and Nvidia and trimmed its Bitcoin ETF holdings as both stock and crypto markets weakened. The move underscores a more cautious posture from a firm known for high-conviction tech and crypto bets.
Meta is piloting stablecoin payments across Facebook, Instagram and WhatsApp as shifting U.S. crypto rules open a new payments opportunity. The trials test tokenized-dollar use for transfers, in-app purchases and merchant payments under evolving compliance standards.
Meta is preparing to relaunch a stablecoin in the second half of 2026, tapping a third-party provider to handle payments and rolling out a new integrated wallet. Sources say the approach is more measured than prior Diem-era efforts and aims to rebuild trust and scale crypto payments across its apps.