Monday, 22 July 2024
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X opens a specialized payment account; the cryptocurrency world speculates

  • Elon Musk‘s X app has sparked conjecture regarding the adoption of cryptocurrency.
  • By the middle of 2024, the app is anticipated to offer in-app payment services.
  • Tesla has integrated Dogecoin into its goods store and has made social media mentions of it from time to time.

With the creation of a special account for its planned payments feature, Elon Musk’s X app has sparked conjecture regarding the adoption of cryptocurrency.

By the middle of 2024, the app is anticipated to offer in-app payment services; however, it is not known if this will allow payments in currencies other than fiat.

Payment account

Mason Versluis, a cryptocurrency researcher, is thrilled by the prospect of seeing cryptocurrencies like XRP, Stellar, and XDC—which begin with the letter “X”—on the Tesla app.

Additionally, Tesla has integrated Dogecoin into its goods store and has made social media mentions of it from time to time. Over time, the crypto community has deciphered X’s and Musk’s subliminal clues, indicating a possible interest in DOGE for future projects. After X shared a meme in October 2023 that showed a dog taking a call, the Dogecoin community tried to figure out what it meant.

The prospect of seeing cryptocurrencies beginning with “X” on the Tesla app, like XRP, Stellar, and XDC, has excited cryptocurrency researcher Mason Versluis. In addition, Tesla accepts Dogecoin as payment in its retail store and posts about it on social media from time to time.

Throughout time, the cryptocurrency community has deciphered veiled allusions from both Musk and X, indicating a possible interest in DOGE for future endeavors. The Dogecoin community was tasked with interpreting a meme that X shared in October 2023 that showed a dog taking a call.

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