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Scott Melker breaks down Elon Musk’s X exploring stablecoin payments for creators, and what the move could mean for the future of payments on the platform.
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X is exploring stable coins to pay influencers and content providers. Conversations with X are ongoing according to a person who also works with other social media platforms testing stable coins to pay influencers.
Okay, so we’ve already seen this on YouTube. It’s not necessarily a big news, but the big news is that XMoney launched and there was no crypto in it, right?
We know that Elon Musk likes <a href="https://xpertsstudio.com/bitcoin-jumps-12-as-white-house-pushes-crypto-bill/” title=”Bitcoin Jumps 12% as White House Pushes Crypto Bill”>Bitcoin, we know that Elon Musk loves Dogecoin, and we know that the future of payments is blockchain and stable coins, uh integrated with AI agents, which we’ll get into a bit more.
But if that was all true, why didn’t X money have anything to do with stable coins? Well, this is not X money,
but it would be people getting their creator payments all over the world in a much easier way cheap and it makes a lot of sense. So
a lot of speculation as what this will mean for XMoney or the future of ways that X will integrate crypto assets.
We don’t really know, but to me it is a meaningful step to finally see crypto mentioned in the conversation of what Elon Musk and X will do with X money.
Source: finance.yahoo.com