X Eyes Stablecoin Payouts for Creators Amid Revenue Sharing Wind-Down
X, the social media platform founded by Elon Musk, is exploring the use of stablecoins for creator payouts as it winds down its Revenue Sharing program and transitions to a new original content rewards system.
The company is reportedly considering Circle's USDC and other stablecoins to pay creators, with no specific launch timeline announced yet.
This move would be a significant step in the evolution of stablecoins from crypto-native assets into global payment infrastructure.
Unlike traditional cryptocurrencies like Bitcoin, stablecoins maintain a relatively stable value and are pegged to the US dollar. They enable faster and lower-cost cross-border transactions compared to traditional banking rails.