Elon Musk’s X App Expands Payment Licenses: Dogecoin Fans Excited
Release: 2024/08/03 14:52 Reading: 745
Elon Musk's X App Expands Payment Licenses, Sparking Dogecoin Enthusiasm
Elon Musk's rebranded X platform is progressing towards establishing an internal payment system by acquiring an additional money transmitter license. The latest license was granted in North Dakota, increasing the number of licensed states to 35.
This expansion has ignited excitement within the Dogecoin community, as many believe that X's payment services may be launched later this year.
X's Payment Expansion and Creator Monetization: Musk's Vision
X's acquisition of additional licenses aligns with Musk's vision of transforming the platform into a comprehensive social and financial hub. With licenses in 35 states, X is nearing a nationwide rollout of its payment feature. The remaining 15 states are expected to follow suit, enabling X to fully implement its payment system.
Musk's broader strategy involves integrating financial services into X, potentially positioning it as a formidable competitor in the payments industry.
Dogecoin Community's Enthusiasm for Musk's X Changes
The Dogecoin community has expressed strong support for Elon Musk and his ventures, including his undertakings with X. Updates on X, especially those related to the potential inclusion of Dogecoin, have been well-received by influential figures such as DogeDesigner, a member of the Dogecoin development team.
The anticipation stems not only from the payment feature but also from anticipated changes to Dogecoin, which Musk has previously endorsed. The possibility of Dogecoin integration into X's payment system has generated optimism and enthusiasm within the community, with many hoping to see increased usage of the digital currency.
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