Elon Musk’s “everything app” X (formerly known as Twitter) has created a dedicated account for its upcoming payments feature, fueling the crypto community to further speculate over the possibility of whether cryptocurrencies will be implemented.
There is anticipation that the X app will introduce in-app payment services by mid-2024. However, there has been no confirmation whether the feature will support payments beyond traditional fiat currencies.
@XPayments account on X, Jan. 21. Source: X
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, signifying it is associated with X.
However, several crypto commentators are pondering the inclusion of crypto in the payment feature.
In a post on X, crypto researcher Mason Versluis shared with his 169,000 followers his excitement about the possibility of seeing crypto that start with “X,” such as XRP (XRP), Stellar (XLM), and XDC (XDC), on the app.
So X is building “X Payments”
It’s only right they enable the X coins…$XRP $XLM $XDC $XYO etc…
I wanna see a MASSIVE crypto integration from X
Change the world Elon, set fire to the SEC + banks with this play
— MASON VERSLUIS (@MasonVersluis) January 20, 2024
Meanwhile, Musk has incorporated DOGE (DOGE) for payments on Tesla’s merchandise store, along with occasionally mentioning it on social media. Many speculate that it’s the most likely crypto to be included on X, if any were to be featured.
The crypto community has analyzed subtle hints from Musk and X over time, suggesting a potential interest in DOGE for upcoming projects.
In October 2023, Cointelegraph reported that X posted a meme featuring a dog answering a phone call, prompting the Dogecoin community to decipher what it means.
I asked Grok @elonmusk pic.twitter.com/49tK9t9tT0
— Ɖｏｇｅ_Ａｌｂａｎｉａ (@doge_albania) January 20, 2024
Meanwhile, crypto researcher Tokenicer informed his 36,200 followers that he believes X has shifted its attention away from crypto-friendly content. Last year, X implemented a revenue-sharing system for ads, allowing…
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