Musk's X (formerly Twitter) allegedly advances toward integrating crypto payments
A team led by Esther Crawford, Twitter's director of product management and now CEO of Twitter Payments, was appointed to lay out the payment infrastructure.Some critics have expressed concerns about potential regulatory challenges, technology costs and the need to win consumer trust, especially following Twitter's abrupt retraction of its rumored plans to launch a crypto wallet under Musk's leadership.
It is unclear whether X will eventually support Dogecoin, but it seems the controversial entrepreneur has not completely abandoned his interest in cryptocurrencies.a massive rebranding led by Musk, changing its name to X and replacing the iconic blue bird logo with"X." This new identity was part of Musk's strategy to salvage the company from potential bankruptcy due to declining ad revenue.
Musk's innovative move into crypto payments could be seen as an attempt to revitalize the platform and provide an edge against new competitors like Meta's Threads.
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