Elon Musk Explores Stablecoins to Pay Creators on X

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Social network X is reportedly in discussions with Circle to integrate USDC into its content creator payment system. The combined market cap of stablecoins now exceeds 300 billion dollars, with USDC accounting for 72.39 billion dollars. This initiative is part of the new Original Content Rewards Program, which replaces the historic revenue-sharing scheme. X could thus bypass local currency friction and reach a global audience more easily, following SpaceX’s example of using stablecoins for international Starlink payments. For Circle, a partnership with a platform counting hundreds of millions of active users would represent a major showcase for the stablecoin ecosystem.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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