🔴‼️ News Alert ‼️🔴
‼️ Elon Musk, X/Twitter ‼️
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Elon Musk's X Moves Closer to Payment Integration
Elon Musk's recent actions with his social media platform X have drawn significant attention from the cryptocurrency community.
Essential details:
🗣️Speculation and Community Reactions
Elon Musk's Video: Musk posted a video featuring the X logo, sparking widespread speculation and reactions from the global crypto community.
XRP Speculation: An XRP enthusiast, @XRPcryptowolf, pointed out the resemblance between the X logo and the XRP coin logo, leading to speculation about a potential integration of XRP into X.
Dogecoin Optimism: The Dogecoin community remains particularly hopeful, given Musk's well-known advocacy for the meme cryptocurrency.
SHIB Enthusiasm: A SHIB supporter, "Shib Bender," also reacted positively to Musk’s video, showing broader crypto community interest.
💰Advancing Payment Capabilities
New Licensing: Last week, X Payments, a subsidiary of X, secured a Money Transmitter License in another U.S. state, bringing their total to 29 states.
Strategic Ambitions: X aims to become a major player in the online payments space but needs additional licenses to fully process payments within these states.
📝Platform Features and Future Plans
Upcoming Internal Payments: Internal payments on X are scheduled to launch by the end of the year, enhancing the platform's payment capabilities.
Crypto Tipping: Introduced in 2021 by co-founder and former CEO Jack Dorsey, crypto tipping started with BTC and later expanded to include ETH.
Subscription Function: Following Musk's acquisition of Twitter in 2022 and its rebranding to X in 2023, a subscription function was added, allowing content creators to receive monthly payments from their followers.
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