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Market News

X Payments Account Sparks Crypto Speculation

Written By Iyiola Adrian
Published January 21, 2024 7:26 PM
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X Payments Account Sparks Crypto Speculation

Elon Musk’s “everything app” X, formerly Twitter, has created a dedicated account for its upcoming payments feature, sparking speculation in the crypto community about potential cryptocurrency integration. 

The verified @XPayments account, with X’s signature badge, signals the forthcoming in-app payment services planned for a mid-2024 launch. However, it remains unconfirmed whether cryptocurrencies beyond fiat will be supported. 

Crypto researcher Mason Versluis shared his excitement about the prospect of XRP, Stellar, and other cryptocurrencies being added. Meanwhile, many believe Dogecoin is most likely to be included, given Musk’s previous Dogecoin support. 

So X is building "X Payments"

It's only right they enable the X coins…$XRP $XLM $XDC $XYO etc…

I wanna see a MASSIVE crypto integration from X

Change the world Elon, set fire to the SEC + banks with this play

— MASON VERSLUIS (@MasonVersluis) January 20, 2024

Subtle hints over time suggest X’s potential interest in integrating Dogecoin. However, some content creators claim X has recently cut crypto payouts, implying a shift away from crypto-friendly content.

Also Read: Elon Musk Denies $500M Funding Report for AI Startup xAI

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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