X launches dedicated payments account, crypto community speculates

Crypto commentators are speculating about the potential for cryptocurrency payments on the platform following X launching a dedicated account for its upcoming payments feature later in 2024.

Elon Musk’s “everything app” X (formerly Twitter) has created a dedicated account for its upcoming payments feature, fueling crypto community speculation about whether cryptocurrencies will be implemented.

There is anticipation that the X app will introduce in-app payment services by mid-2024. However, it’s unconfirmed whether the feature will support payments beyond traditional fiat currencies is unconfirmed. 

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, suggesting it is associated with X.

Read more

Source: https://cointelegraph.com/news/x-payments-speculation-crypto-community