X Taps Stablecoin Potential for Creator Payments

The social media platform X is reportedly negotiating ways to pay creators using stablecoins, such as USDC, for content they produce.

A person familiar with the plans said that X is in talks with other social media platforms and has already tested stablecoin payments for rewards to creators.

X has not responded to requests for comment.

Stablecoins have become a fundamental element of blockchain transactions, enabling fast and low-cost cross-border payments for individuals and companies alike. This is particularly relevant to Elon Musk's companies, which are also exploring the potential of stablecoins to pay content providers worldwide.