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X (Twitter) to Pay Creators in USDC? Stablecoin Payment Plan Could Reshape Content Economy

August 20, 202602:25 PM
X (Twitter) to Pay Creators in USDC? Stablecoin Payment Plan Could Reshape Content Economy

Elon Musk's X platform is reportedly evaluating direct payments to content creators in USDC stablecoin, a move that could revolutionize digital content monetization. According to exclusive CoinDesk sources, the social network is exploring Circle's stablecoin integration as part of its Content Rewards Program, announced just two weeks ago. This initiative positions X as one of the major platforms to actively adopt cryptocurrencies for mass payments, potentially creating a new digital economy ecosystem for creators. The adoption of USDC, a dollar-backed stablecoin, offers greater stability and transaction speed compared to traditional methods, potentially attracting millions of users to the cryptocurrency universe through a familiar and widely used interface.

X, formerly Twitter, is evaluating the possibility of using the USDC stablecoin to make payments to its content creators. The information was published by CoinDesk this Thursday (20), citing an anonymous source familiar with the plans. Two weeks ago, Elon Musk's social network announced the 'Content Rewards Program,' which aims to directly compensate creators for engagement generated on their posts. Integrating USDC would represent a significant change in how the platform monetizes content, offering faster transactions with reduced costs compared to traditional payment systems. This move positions X at the forefront of cryptocurrency adoption by social networks, following the trend of platforms like Reddit and TikTok that have already experimented with crypto asset payments.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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