NEW: Elon Musk’s X App Stirs Crypto Speculation with Upcoming Payment Feature

Elon Musk’s revamped “everything app” X, formerly known as Twitter, is generating buzz in the cryptocurrency world with its upcoming payment feature. The verified account dedicated to this feature hints at potential crypto integration, exciting the community. Set to launch in-app payments by mid-2024, speculation is rife about whether it will include cryptocurrencies like XRP, Stellar, or XDC, particularly given Musk’s history with Dogecoin (DOGE).

Crypto researcher Mason Versluis shared his enthusiasm with his followers, while many speculate DOGE’s likely inclusion due to Musk’s past usage in Tesla’s merchandise payments. However, another researcher, Tokenicer, observed a recent shift in X’s approach, noting reduced payouts from the app’s ad-sharing system for crypto content. This change in revenue dynamics suggests fluctuating commitment to crypto.

Cointelegraph

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