Reporting
Elon Musk’s X Explores Stablecoin Creator Payments: How USDC Payouts Could Work
Filed 24 Aug, 06:55 · news.google.com
Curated by editorial team
Reporting
Filed 24 Aug, 06:55 · news.google.com
Curated by editorial team
X, formerly Twitter, is reportedly considering integrating payments from stablecoin creators directly to users. This move could involve distributing payouts in USD Coin (USDC), a stablecoin pegged to the US dollar. Such a feature would mark a significant step into the cryptocurrency payments landscape for the social media platform, which has undergone substantial changes since Elon Musk's acquisition.
The potential for X to facilitate stablecoin payments is noteworthy given the growing interest in digital currencies for transactions. Introducing USDC payouts could offer creators a new avenue for monetization and engagement with their audience on the platform. This exploration aligns with broader trends in the digital economy where decentralized finance and cryptocurrency are increasingly impacting how content and services are compensated.
“Elon Musk’s X Explores Stablecoin Creator Payments: How USDC Payouts Could Work”
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