The ‘X’ app (formerly Twitter) recently launched an account dedicated to its new payments feature, due in mid-2024, sparking intense speculation in the cryptocurrency community. This development is particularly intriguing to observers, given Elon Musk’s previous interest in Dogecoin and other cryptos.
Integrating cryptocurrencies: a pending possibility
Although no official announcement has confirmed the use of cryptocurrencies on the platform, the creation of the ‘XPayments’ account on X has triggered a wave of speculation. In particular, observers are wondering about the possibility of integrating cryptocurrencies such as XRP, Stellar and XDC, which are often mentioned by the crypto community. In addition, Elon Musk has already incorporated Dogecoin for payments on Tesla’s merchandise shop, reinforcing speculation about its possible inclusion on X.
Subtle indicators and community expectations
Active members of the crypto community, such as Mason Versluis and Tokenicer, are sharing their enthusiasm and theories on social networks. They are analysing the slightest clues provided by Musk and X, suggesting a potential interest for DOGE in future projects. These discussions are fuelling anticipation and excitement around the next step X could take in integrating cryptocurrency payments.
The Evolution of X and its Crypto-Friendly Future
Since Musk’s acquisition of Twitter in April 2022, speculation about the evolution of the platform and its potential to integrate cryptocurrency has continued to grow. Musk himself has raised the possibility that X could one day offer a full range of financial services, including cryptocurrency transactions. This prospect is generating considerable interest among crypto investors and users, who see X as a potential major player in the digital payments space.
