Will X Adopt USDC Payments?…Coinbase CEO Proposes USDC as Payment Method for X

Source
Minseung Kang

Summary

  • Brian Armstrong, CEO of Coinbase, proposed adopting USDC as a payment method on X.
  • Armstrong urged the X team to review the integration of USDC.
  • If X integrates USDC as a payment method, it could be a strategic move.

Brian Armstrong, the CEO of Coinbase, has proposed adopting USD Coin (USDC) as a payment method for X (formerly Twitter).

On the 31st, the cryptocurrency-focused media outlet CryptoSlate reported, "CEO Armstrong expressed interest in integrating USDC as a payment method on X," adding, "Armstrong urged the X team to review the USDC payment feature."

Previously, on the 30th (local time), CEO Armstrong responded to a post on X asking, 'When will Elon Musk, the CEO of Tesla, adopt USDC on X?' by saying, "(Adopting USDC on X) would be a truly excellent (remittance) feature," and added, "Let's have a conversation, X team."

The media outlet noted, "X announced plans to launch a P2P payment service last January, but nothing has been specifically initiated yet," adding, "If X integrates USDC as a payment method, it could be a strategic move."

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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