X is exploring the use of stablecoins to pay content creators, with USDC being a potential option
BlockBeats News, August 20th - According to sources familiar with the matter, Elon Musk's social media platform X is exploring the use of stablecoins to pay content creators, including Circle's USDC. X is reportedly discussing how to use stablecoins to pay content licensing fees to influential users on the platform.The source mentioned that the negotiations are still ongoing, with X simultaneously participating in tests on other social media platforms regarding projects that involve using stablecoins to pay commissions to internet celebrities and creators. X has not commented on this development yet.Stablecoins currently have a total market capitalization of over $300 billion and have become a crucial tool in the blockchain payment space, enabling faster and lower-cost cross-border transactions. Musk's SpaceX has already started using stablecoins in certain markets to facilitate cross-border payments for the Starlink satellite internet service.In March of this year, X hired crypto industry professional Benji Taylor as the Head of Design, responsible for X, xAI, and SpaceX-related businesses. Taylor previously led the design work for Coinbase's Base blockchain network and brings experience in wallets and DeFi.Moreover, X is adjusting its creator incentive system, gradually replacing the long-running Revenue Sharing program with a new Original Content Rewards Program. This new program aims to reward creators who provide original viewpoints, expertise, reporting, creative content, and commentary for the platform.
Tất cả bình luận0Mới nhấtPhổ biến