<ul data-eligibleForWebStory="true"><li>Senators Warren and Blumenthal are demanding Meta disclose its stablecoin plans due to regulatory concerns.</li><li>Lawmakers fear Meta's crypto ambitions could pose economic and privacy risks.</li><li>Meta denies active stablecoin development but evidence points to ongoing talks with crypto firms.</li><li>The letter to CEO Mark Zuckerberg seeks clarity on Meta's crypto strategy by June 17.</li><li>Questions include Meta's stablecoin plans, potential partnerships with issuers, and lobbying activities.</li><li>Concerns arise from the potential control of private currencies by tech giants like Meta.</li><li>Meta's history with stablecoins dates back to Libra, later renamed Diem, facing regulatory pressures.</li><li>Recent reports suggest Meta might be considering further stablecoin integrations across its platforms.</li><li>Lawmakers are wary of the GENIUS Act potentially aiding Meta in its crypto plans.</li><li>While Meta claims no stablecoin intentions publicly, actions behind the scenes suggest otherwise.</li></ul>

Is Meta Planning a Secret Stablecoin? Senators Warren and Blumenthal Demand Answers

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