Exciting Updates on X Payments and Potential Dogecoin Integration
Exciting news has emerged about the latest development on the X platform, which has been working on adding a payments feature to its services. This could potentially pave the way for Dogecoin, the popular meme cryptocurrency, to be integrated into the platform. Let’s dive into the details of these developments and what they could mean for you as a crypto enthusiast.
X Payments Progressing in Development
Renowned X user Swakshan, known for leaking upcoming features of various applications, recently disclosed that the X payments feature is currently in the development stage. This indicates that the social media platform is moving forward with its plans to launch a payment service, with an update containing the payments feature expected to be released later this year.
- Swakshan reveals X payments feature in development stage
- Potential launch of payment service update later this year
Last year, X owner Elon Musk unveiled his vision to transform the X platform into an all-encompassing ‘everything app,’ with the payment service being a key component of this strategy. As part of these plans, X has obtained money-transmitting licenses in various U.S. states to facilitate the launch of the payment service.
The platform has already secured licenses in 35 states and recently added North Dakota to its list. With 15 more states to go, the acquisition of licenses in these remaining states is crucial for the successful rollout of the payments feature. The timeline for obtaining these remaining licenses remains uncertain.
The crypto community is eagerly anticipating the launch of the X payments feature, especially due to speculation surrounding the inclusion of Dogecoin payments in the service. Musk’s strong support for Dogecoin has fueled beliefs that the meme cryptocurrency will be integrated into the X payment platform.
While Musk has not officially confirmed the inclusion of Dogecoin payments, the possibility remains high given his expressed interest in using DOGE for transactions, as detailed in his biography.
Insights from X Development Code on Dogecoin Payments
Swakshan also provided insights into the X payments development code, revealing key web URLs related to the project. While there was no explicit mention of Dogecoin payments in the code, a specific URL (/i/payments/verify-payment-method) suggests that various payment methods, including Dogecoin, could potentially be supported.
- Revelation of web URLs related to X payments development code
- Possibility of Dogecoin inclusion in payment methods
Members of the Dogecoin community are eagerly awaiting official confirmation from the X platform regarding the potential integration of Dogecoin as a payment option. Dogecoin influencer Mishaboar has also reiterated that there is currently no concrete confirmation about Dogecoin payments beyond mere speculation.
Recent statements from Musk reaffirm his affinity for Dogecoin, citing his love for dogs and memes as the driving force behind his support for the cryptocurrency. With Musk expressing a lack of interest in Bitcoin and other digital assets, Dogecoin could emerge as the sole cryptocurrency integrated into the X payment platform upon its launch.
Eagerly Anticipating the Future of Payments on X
As developments unfold on the X platform’s payment feature, the crypto community eagerly awaits further updates regarding the potential integration of Dogecoin. Stay tuned for more news on how these advancements could shape the landscape of digital payments and cryptocurrency adoption in the near future.
Hot Take: X Platform’s Entry into Payments & Potential Dogecoin Integration
As the X platform gears up to introduce its payment service, all eyes are on the possibility of Dogecoin payments being included. With a strong foundation in place and Musk’s vocal support for the meme cryptocurrency, the stage is set for an exciting chapter in the intersection of social media, payments, and cryptocurrency.
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