Bitrabo Editorial
The X platform, formerly known as Twitter, has made headlines with the addition of a payments feature in its recent software update. This move has sparked speculations about the possible inclusion of Dogecoin payments once the payment service goes live.
Progress in X Payments Development
A prominent X user, Swakshan, who regularly leaks upcoming features of various applications, disclosed on a X post that the payments feature on the X platform is currently in the development phase. This indicates that the social media giant is moving forward with its plans to launch a payment service, with a potential public release featuring the payments functionality expected later this year.
Last year, X’s owner, Elon Musk, unveiled his vision to transform the X platform into an all-encompassing ‘everything app,’ with the payment service being a significant component of this strategy. Subsequently, X has obtained money transmission licenses in several U.S. states as part of its preparations for launching the payment service.
X has secured licenses in 35 states to date, with the most recent one granted by North Dakota. This leaves 15 states remaining for X to acquire licenses from, a process essential for the official rollout of the payments feature. The timeline for acquiring these outstanding licenses remains uncertain.
The imminent launch of the X payments feature has captured the attention of the cryptocurrency community due to rumors suggesting that Dogecoin payments may be incorporated into the upcoming service. Musk’s outspoken support and affection for Dogecoin have fueled speculation among DOGE enthusiasts regarding its potential integration into the X payment platform.
While Musk has not confirmed the inclusion of Dogecoin payments in X, the possibility remains viable given his previous discussions about utilizing DOGE for payment services, as documented in his biography.
Insights on Dogecoin Payments from Development Code
In a further update, Swakshan revealed crucial web URLs related to the development code for X payments. Notably, there was no explicit reference to Dogecoin payments in the disclosed information. However, one web URL (/i/payments/verify-payment-method) does suggest the availability of various payment methods, potentially including Dogecoin.
As the Dogecoin community awaits official confirmation from the X platform regarding its potential inclusion as a payment option, Dogecoin influencer Mishaboar recently addressed rumors and speculation, emphasizing the absence of concrete information on Dogecoin payments.
Musk’s enduring fondness for Dogecoin was reiterated recently, with him expressing a “soft spot” for the meme-inspired coin due to his appreciation for dogs and memes. In contrast, Musk indicated a lack of interest in Bitcoin and other cryptocurrencies, hinting that Dogecoin could be the sole cryptocurrency integrated into the X payment service upon its launch.