Musk's X Eyes Stablecoin Payments for Creators
X, the platform founded by Elon Musk, is exploring the use of stablecoins for creator payments. The company is considering Circle's USDC as one of its options.
The move would change how X sends rewards to its global creator base and bring crypto payments closer to Musk's vision of turning X into an 'everything app'.
X is working on its Original Content Rewards Program, which will reward users for original reporting, ideas, and creative content. The program aims to replace the older ad-based reward system.
The use of stablecoins would make payments easier, especially for creators living outside the US, where cross-border transfers can take time and come with high fees.