Is Meta Coin in the works? Facebook Files Trademark Applications for Meta Pay.

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Meta Platforms Inc., previously known as Facebook and Facebook, filed trademark applications for five trademarks to “Meta Pay.” The filings cover a broad range of cryptocurrency-related services. The company is changing its name from Facebook Pay to Meta Pay.  

Marks and Trademarks Applications to Meta Pay

Meta Platforms Inc., previously known as Facebook, has filed five trademark applications in the name of “Meta Pay” with the United States Patent and Trademark Office (USPTO) this week.

Attorney for trademarks Josh Gerben tweeted explaining Wednesday that, according to him Meta’s applications suggest that they are planning the launch of a new payment service named Meta Pay for users to exchange fiat money in regular currency in exchange for cryptocurrency.

Meta’s chief of Fintech, Stephane Kasriel, explained this Tuesday that the firm was “investing more” in its current payment services, noting the company has invested involved with payments since.

“Today, people and businesses use our platforms to make payments in 160 countries and 55 currencies,” Kasriel wrote, explaining:

 The user experience people are seeing currently is Facebook Pay. However, we’ll bring it close to Meta brand shortly by changing the name to Meta Pay.

The month of March was when Meta has filed 8 trademark application to protect its logo, which covers the metaverse and various services in the cryptocurrency space.

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