Meta Platforms’ possible use of stablecoins across its social media apps would blaze a wider trail for cryptocurrency amid a new U.S. regulatory environment, analysts said.

The owner of Facebook, Instagram and WhatsApp is experimenting with stablecoin payments within its ecosystem for a possible introduction later this year, the crypto news site CoinDesk and Bloomberg News reported Tuesday, citing people familiar with the company’s plans.

The trial is small and will use existing stablecoins, Bloomberg reported Tuesday, citing a person familiar with Meta’s plans. The company has no plans for its own stablecoin, Meta spokesperson Andy Stone wrote Tuesday in a post on…