The entire#Dogecoincryptocurrency community reacted to the recent "X payments" news, and Dogecoin's trading price reacted accordingly.
"X Payouts" is a financial transaction service on the "X" platform (formerly Twitter). Aimed at creating a flexible, integrated digital ecosystem, it will allow users to transfer money, tip creators, and make purchases directly within the app. The move is part of a trend toward “super apps” that offer multiple services in one app.
To date, X Pays has received payment licenses in more than 22 of the 50 US states.
NEWS: X Payments has received 3 additional licenses, including Illinois, New Mexico and Oregon.
— X Daily News (@xDaily) March 21, 2024
X payments possible On May 17, 2024, Dogecoin team member and AX user @cb_doge, one of X's insiders, reported that X payments will be launched by X later this year .
Payments Pay Off Following this news, many crypto and non-crypto users started discussing X payments and the possibility of integration into Dogecoin's payment system.