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      Social Media Platform X Explores Stablecoin Payments for Content Creators

      Social media platform X is exploring the possibility of compensating influencers and content creators with stablecoins. The platform, owned by Elon Musk, is reportedly in discussions with Circle Internet Group regarding the use of its USDC stablecoin for payments.

      Stablecoin payments would be utilized for royalties to users who consistently upload content. This move comes as X is revamping its payment structure, transitioning from its traditional revenue sharing program to a new initiative called the 'Original Content Rewards Program.'

      Stablecoins, which are cryptocurrencies pegged to assets like the U.S. dollar, have gained popularity in the blockchain payment sector, with a market capitalization exceeding $300 billion. Musk's other venture, SpaceX, already employs stablecoins for cross-border transactions.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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