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X's Payments Platform to Launch Without Dogecoin or Crypto Integration

  • bhoomisinghal0
  • Jun 24, 2024
  • 1 min read

Despite speculation fueled by Elon Musk's vocal support for Dogecoin (DOGE), regulatory documents indicate that Musk's plans for a payments service do not currently include digital tokens, according to a Bloomberg report. The documents reveal plans for a subsidiary called X Payments, which has obtained money transmitter licenses in 28 states and is seeking approval in the remaining ones. While the integration of cryptocurrencies could happen in the future, Dogecoin supporters remain hopeful. Yaccarino recently emphasized the transformative potential of Twitter's upcoming payments functionality.


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