[Help wanted] App broken when setting corejs=3 for '@babel/plugin-transform-runtime'

Do you want to request a feature or report a bug?
bug

What is the current behavior?
In the file babel.config.js, I wrote the following code:

plugins: ['@babel/plugin-transform-runtime', { helpers: true, corejs: 3 }]

And the bundle code is as shown:

!(function(e){"use strict";var r=require("@babel/runtime-corejs3/core-js-stable/object/create"),t=(require("@babel/runtime-corejs3/core-js-stable/instance/index-of"),require("@babel/runtime-corejs3/core-js-stable/instance/map"),require("@babel/runtime-corejs3/core-js-stable/instance/slice"),require("@babel/runtime-corejs3/core-js-stable/map")),i=require("@babel/runtime-corejs3/core-js-stable/instance/for-each");require("@babel/runtime-corejs3/core-js-stable/set"),require("@babel/runtime-corejs3/core-js-stable/instance/reverse"),require("@babel/runtime-corejs3/core-js-stable/set-timeout"),require("@babel/runtime-corejs3/core-js-stable/object/get-own-property-descriptor");e.__r=u,e[__METRO_GLOBAL_PREFIX__+"__d"]=function(e,r,t){if(null!=o[r])return;

And the app went broken, showing exception info like "require is undefined"

If the current behavior is a bug, please provide the steps to reproduce and a minimal repository on GitHub that we can yarn install and yarn test.

• react-native: 0.68
• metro-react-native-babel-preset: 0.72.1

What is the expected behavior?
The babel plugin can import core-js normaly as before.

Please provide your exact Metro configuration and mention your Metro, node, yarn/npm version and operating system.
yarn

Start with the babel.config.js plugin configuration and the generated bundle shown in the report. Reproduce the failure using React Native 0.68 and metro-react-native-babel-preset 0.72.1, then trace why the generated core-js runtime imports leave require undefined. Done means the app bundles and runs without that exception.