Mark Zuckerberg is reportedly ready for round two. Years after the high profile collapse of Libra,

META is eyeing a return to stable coins. You're watching CoinDesk Daily. I'm Jen Sanassi.

Mehta is planning to reenter the stable coin market as early as this summer, according to one person who spoke with CoinDesk on condition of anonymity.

The tech giant who owns Facebook, WhatsApp, and Instagram wants to begin its stable coin integration as early as the second half of this year.

But they aren't doing it alone.

Sources say meta has already sent out requests to third-party firms to handle the heavy lifting.

One name mentioned was Payments Giant Stripe.

If this sounds familiar, that's because it is.

Back in 2019, META tried to launch a global currency called Libra, later rebranded as DM.

That project was ultimately crushed by a wall of regulatory pushback, leading meta to sell off the assets in 2022.

This time, by partnering with established payment processors, Zuckerberg may be looking for a

smoother path. Meta and Stripe have so far declined to comment on the report. For more,

you can check out Ian Allison's reporting on coindex.com. World Liberty Financials, USD-1 stablecoin briefly slipped from its $1 peg on Monday,

following what developers are calling a deliberate and coordinated attack.

The token dropped to 99 cents after the protocols team claimed multiple co-founder accounts were hacked.

They also allege bad actors paid influencers to so panic while heavily

shorting the project's native WLFI token. The team stated the attack, quote, didn't work,

thanks to robust redemption mechanisms backed by U.S. Treasuries, and the token has since rebounded

to above 99 cents. And Jane Street is facing a massive lawsuit that accuses the trading giant of using insider

information to accelerate the 2022 collapse of Tara Luna. Todd Snyder, the administrator,

winding down Doquan's bankrupt Terraform labs, alleges Jane Street front ran the market panic.

The lawsuit claims that just 10 minutes after Terraform quietly withdrew 150 million TerraUSD from a liquidity pool,

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