X owner Elon Musk has issued tweet that triggered reaction from XRP army
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Crypto users were the first to respond to that, and a major XRP fan @XRPcryptowolf, once again pointed out that the logo of the X app and that of the XRP coin look pretty much identical. This is one of the reasons why the XRP army still cherishes hopes that XRP could be among those cryptos that Musk might integrate into his social media company.
Mostly, though, the strongest hopes in this respect are those of the Dogecoin army, since Elon Musk remains a hot supporter of this very first meme cryptocurrency launched in 2013 on the basis of the Bitcoin code.Last week, X Payments, a subsidiary of X, secured a Money Transmitter License in yet another U.S. state. This brings X right up to a major milestone here – it has already been granted this license in 29 states.
X will be able to transfer funds within those 29 states, aiming to become one of the leading players in the sphere of online payments. However, after securing these licenses, X will also need separate licenses for processing payments within the same states. Several times this year, it was announced on X that internal payments on this popular social media platform would be launched by the end of this year.
Overall, X already offers an opportunity to send a tip to any user in crypto – in 2021, the cofounder and former CEO of the platform, Jack Dorsey, launched tipping in BTC. The following year, when Dorsey stepped down as the company's chief executive, ETH tipping was added as well. After Elon Musk bought Twitter in 2022 and began rebranding it as X in 2023, he added a subscription function, which allows content creators to receive monthly payments from their subscribers.
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