Dogecoin Integration into X Payments Sparks Debate

Dogecoin Integration into X Payments Sparks Debate

By
Anastasia Kovalenko
1 min read

A prominent Dogecoin developer, known as "Mishaboar," has sparked discussions about the potential integration of Dogecoin and crypto payments into X, formerly Twitter, following Elon Musk's acquisition of the social media platform. Speculations swirl around the incorporation of DOGE into X's payment system, with hints from Musk and indications such as X Payments obtaining licenses for money transmitter activities in various U.S. states. However, the implementation of Dogecoin payments is still pending. Mishaboar highlighted the ongoing debate surrounding X's payment infrastructure and speculated on the possibility of crypto payments being introduced in subsequent phases of X Payments. The exact timeline and mechanism of integration remain uncertain, with potential collaborations with exchanges or brokerage platforms suggested. Expressing cautious optimism, other DOGE enthusiasts anticipate a gradual rollout of crypto payments, while some estimate a longer timeframe of up to five years for full implementation. Recent regulatory developments have seen X Payments achieve significant milestones by acquiring licenses for money transmitter activities in additional U.S. states, enhancing its operational reach. The potential integration of Dogecoin into platforms like X could signify a new era of mainstream acceptance for cryptocurrencies.

You May Also Like

This article is submitted by our user under the News Submission Rules and Guidelines. The cover photo is computer generated art for illustrative purposes only; not indicative of factual content. If you believe this article infringes upon copyright rights, please do not hesitate to report it by sending an email to us. Your vigilance and cooperation are invaluable in helping us maintain a respectful and legally compliant community.

Subscribe to our Newsletter

Get the latest in enterprise business and tech with exclusive peeks at our new offerings