dogecoin A prominent developer known within the community by the pseudonym “Mishaboar” has sparked discussions regarding the potential integration of Dogecoin and crypto payments into X. Speculation has been swirling around DOGE’s inclusion in X’s payment system ever since Elon Musk acquired the social media platform in October 2022. Despite hints from Musk and other indications such as X Payments being licensed for money transmitter operations in several US states, the implementation of Dogecoin payments is pending.
In a recent public statement, Mishaboar noted the ongoing controversy surrounding X’s payment infrastructure. Referring to Elon Musk’s previous statements, Mishaboar said: crypto- He speculated on the possibility of payments being introduced in later stages of X Payments. However, while the exact timeline and integration mechanism remain unclear, Mishaboar is looking into potential collaborations with exchanges or brokerage platforms. suggests.
I expect it much earlier than that, considering that payment services like PayPal already support crypto in some way – but probably not sooner than next year. It’s all speculation though
— Mishaboar (@mishaboar) March 28, 2024
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The discussion expanded as other DOGE enthusiasts shared their perspectives on the subject. While some expressed cautious optimism, highlighting the possibility of a gradual expansion of crypto payments, others predicted a longer time frame, estimating up to five years for full implementation.
Dogecoin Continues to Attract Attention
Meanwhile, recent regulatory developments have seen X Payments achieve major milestones by obtaining licenses for money transmitter activities in three more US states: Illinois, New Mexico and Oregon. This expansion expands X Payments’ operational reach, complementing its existing licenses in 19 other states.
As Dogecoin continues to attract the attention of seasoned investors and crypto enthusiasts alike, its potential integration into platforms like X could herald a new era of mainstream acceptance for cryptocurrencies.
