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Musk sees logic in using cryptopayments on Twitter Billionair | TITAN Financial

Musk sees logic in using cryptopayments on Twitter

Billionaire Elon Musk thinks it "makes sense" to integrate digital payments into Twitter.

"It makes sense to integrate payments into Twitter so that you can easily send money using the platform," said Elon Musk, speaking at a virtual gathering of all Twitter employees.

Musk's agreement to buy Twitter for $44 billion, despite some public hesitation to finalize the deal, the purchase appears to be proceeding, and Musk's presence at Thursday's meeting suggests a certain level of commitment.

Twitter has tried cryptocurrency before, including support for bitcoin in 2021 under then-CEO Jack Dorsey and adding support for ether earlier this year. Twitter was also the first company to try out a new program from payments service provider Stripe, which in April announced a feature that allows payments in USDC stablecoin through Polygon, Binance.

via.TITVN