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Dogecoin

X Adds Payments Feature To Latest Dev Code Release, Will Dogecoin Payments Follow?

Scott Matherson
by Scott Matherson
Last Updated: August 6, 2024 5:00 pm
·
Posted in Dogecoin
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In a recent development, the X (formerly Twitter) platform has included the payments feature in its latest software release. This has once again raised questions about whether or not Dogecoin payments will be included when the payment service finally goes live. 

X Payments Now In The Development Stage

X user Swakshan, known for posting leaks of upcoming features from various applications, revealed in X post that the X payments feature was already in the development stage. This means that the social media platform is forging ahead with its plans to launch its payment service, with an update featuring the payments feature possibly made public later this year.

Related Reading: Crypto Fear & Greed Index Drops To 2-Year Lows, What This Means
Dogecoin payments X
Source: X

Last year, X owner Elon Musk revealed plans to turn the X platform into an ‘everything app’ with the payment service standing out as one of the highlights of this master plan. Since then, X has acquired money-transmitting licenses in various states in the United States as part of its plan to launch the payment service. 

So far, the social media platform has acquired licenses in 35 states, with the latest coming from North Dakota. That means that X has 15 more states to go, and the acquisition of licenses in these remaining states will pave the way for the launch of the payments feature. However, it remains to be seen how soon these remaining licenses will be acquired. 

Meanwhile, the launch of the X payments feature is of particular interest to the crypto community because of speculations that Dogecoin payments will be included in this payment service. Musk’s fondness and vocal support of the foremost meme coin is why DOGE community members believe that Dogecoin will be integrated into the X payment service. 

Musk has yet to confirm whether Dogecoin payments will be integrated into the X payment service. However, it remains a possibility since Musk had discussed the idea of using DOGE for his payment service, as revealed in his biography. 

What The Development Code Says About Dogecoin Payments

Swakshan also revealed some key web URLs related to the X payments development code. Based on his revelation, there was no indication that Dogecoin payments would be included in the payment feature. However, a web URL (/i/payments/verify-payment-method) confirms that several payment methods will be available, of which Dogecoin could be among them. 

Related Reading: Shiba Inu Petition For Binance To Burn SHIB Tokens Crosses First Milestone

In the meantime, members of the Dogecoin community will simply have to wait for a confirmation from the X platform about whether Dogecoin will be integrated as a payment method. Dogecoin influencer Mishaboar also recently confirmed to a community member that there is no confirmation about the Dogecoin payments beyond the rumors and speculation. 

Meanwhile, it is worth mentioning that Musk again recently reaffirmed his fondness for Dogecoin, stating that he has a “soft spot” for the meme coin because he likes dogs and memes. At the same time, he remarked that he has no affinity for Bitcoin or other cryptocurrencies, meaning that Dogecoin could well be the only crypto Musk and the X team integrate when the payments service launches. 

Dogecoin price chart from Tradingview.com
DOGE price fails to break $0.1 | Source: DOGEUSDT on Tradingview.com
Featured image from CoinMarketCap, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Scott Matherson

Scott Matherson

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

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