Democratic Senators Elizabeth Warren and Richard Blumenthal have penned a letter to Meta, inquiring about the company’s lobbying activities related to the GENIUS Act and its potential involvement in stablecoin issuance. The senators also requested details on Meta’s efforts to integrate stablecoins into its systems. [1] The letter expressed concerns that if Meta were to control its own stablecoin, it could potentially use this control to further scrutinize consumer transactions and commercial activities, leading to increased surveillance pricing strategies, intrusive targeted advertising, or the sale of sensitive personal data to third-party brokers.[2] Notably, Fortune reported last month that Meta is considering using stablecoins for payments.[3]