Reporting
X, formerly known as Twitter, is reportedly exploring the integration of stablecoin-based payment options for its users, specifically targeting influencers and content creators. This move signals a potential shift in how creators on the platform might be compensated, moving towards cryptocurrency solutions that are pegged to the value of traditional currencies, offering greater price stability compared to other cryptocurrencies.
The consideration of stablecoins for creator payouts is significant as it could streamline international transactions and reduce associated fees for both X and its users. The platform has been actively seeking new revenue streams and ways to enhance user experience since its acquisition by Elon Musk, and integrating digital currency payments could align with a broader vision of a decentralized, creator-centric economy. This development also follows X’s previously announced ambitions to become a comprehensive "everything app."
“Elon Musk’s X Considers Stablecoin-Based Payments for Influencers and Content Providers”
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