Crypto
X Considers Stablecoin Payments for Content Creators
X, the social media platform founded by Elon Musk, is exploring the use of stablecoins like USDC for paying content creators. This move aims to enable faster and cheaper cross-border payouts.
The current payment model on X involves settling rewards via Stripe Express Accounts securely linked to creators' local bank accounts or debit cards.
If implemented, integrating stablecoins could boost the overall adoption of cryptocurrency among users.