X Eyes USDC Stablecoin for Creator Payments

Social media platform X is reportedly exploring the use of the USDC stablecoin to pay royalties to influencers and content creators.

The move comes as X revamps its creator compensation model, replacing its Revenue Sharing programme with an Original Content Rewards Programme.

Stablecoin payments could offer X a faster and potentially cheaper way to make cross-border payouts to creators, particularly those outside traditional banking markets.