Crypto enthusiasts are abuzz with speculation about the integration of cryptocurrency payments on X’s platform, triggered by the recent launch of a dedicated account for its upcoming payments feature slated for a mid-2024 release. The renowned “everything app,” previously known as Twitter and now rebranded as X, has introduced the verified @XPayments account, adorned with X’s distinctive badge, indicating the imminent arrival of in-app payment services.
Despite the excitement surrounding this development, the question of whether cryptocurrencies beyond traditional fiat will be supported remains unanswered. While the mid-2024 launch date is on the horizon, there’s an air of mystery surrounding the specific digital currencies that may find a place within the XPayments platform.
Mason Versluis, a crypto researcher, expressed enthusiasm about the potential inclusion of cryptocurrencies like XRP and Stellar, among others. Speculation is rife, with many anticipating the integration of Dogecoin, especially considering Elon Musk’s previous vocal support for the cryptocurrency. Subtle hints dropped over time further fuel this speculation, hinting at X’s potential interest in incorporating Dogecoin into its payment ecosystem.
However, not everyone is convinced of X’s unwavering commitment to cryptocurrency-friendly content. Some content creators have suggested a shift away from crypto-friendly payouts, pointing to recent changes that may indicate a potential departure from supporting such content. The evolving dynamics within X’s ecosystem have left the crypto community eagerly awaiting further announcements and details regarding the platform’s stance on cryptocurrencies and its payment features.