X launches dedicated payments account, crypto community speculates

Elon Musk’s “everything app” X (formerly Twitter) has created a dedicated account for its upcoming payments feature, fueling crypto community speculation about whether cryptocurrencies will be implemented.

There is anticipation that the X app will introduce in-app payment services by mid-2024. However, it’s unconfirmed whether the feature will support payments beyond traditional fiat currencies.

While no posts have been made on the account yet, it holds the gold badge, indicating it is a verified organization. Additionally, it carries the X badge, suggesting it is associated with X.

Since Musk acquired Twitter in April 2022, there have been many predictions about the pace at which it will evolve into a completely new platform and the potential integration of crypto, given his ongoing commentary throughout the years.

#news #x #crypto #payments

Jan-22-2024 04:39:02 PM