BlockBeats News, May 9th. U.S. Senator Elizabeth Warren wrote to Meta CEO Mark Zuckerberg, requesting that Meta disclose its latest plan in the stablecoin field and expressing concerns about its recent efforts to integrate stablecoin payments.

Warren stated that the transparency of Meta's stablecoin project is "deeply concerning," especially considering that its previous launch of the Libra (later rebranded as Diem) global stablecoin plan had sparked widespread regulatory controversies. She mentioned that Meta's new venture in payments and financial services should be subject to careful scrutiny.

Warren requested that Meta provide details of its stablecoin pilot program by May 20th, including the launch date, the involved third-party stablecoins, and relevant privacy and risk control measures. It is reported that Meta has already tested stablecoin payment functionality based on USDC with some content creators in the Philippines and Colombia in April.

Currently, the U.S. Senate Banking Committee is reviewing the digital asset market structure bill, the "CLARITY Act," in which the stablecoin regulatory framework and conflicts of interest remain contentious issues. Warren, as a senior member of the committee from the Democratic Party, has long held a cautious attitude towards large tech companies entering the crypto finance space.