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X Rumored To Use Stablecoins Paying Out Creator Royalties ๐Ÿ•ธ๏ธ๐Ÿ–ค

X is diving deep into stablecoin vibes for paying out creators while ditching its old Revenue Sharing setup for something fresh and mysterious.

X Whispers About Stablecoins In Creator Royalties ๐Ÿ”ฎ

CoinDesk reported on August 20 that X is chatting about Circleโ€™s USDC for dishing out royalties to top creators. The talks are still brewing according to someone in the know who also deals with other platforms exploring stablecoins for influencer cash ๐Ÿ”ฎ๐Ÿ–ค.

This news hits as X shifts how creators get paid with the Original Content Rewards Program taking over. X announced early this month it is ending new signups for the old program.

Under the new rewards game eligible creators pull earnings from impressions on their original posts from Premium users on the Home Timeline where at least half the post shows up ๐ŸŒ™. You need 500 verified followers and 500,000 impressions from verified users in the last 90 days plus a Premium subscription and good standing ๐Ÿ’€.

Current Revenue Sharing folks can keep earning until September 7 then switch over from September 8 with payouts starting September 25 โœจ.

X Money Weaves Stablecoin Magic Into Its Realm ๐Ÿ•ธ๏ธ

Stablecoins now hold a combined market value over $300 billion and help businesses move funds across borders quicker and cheaper than old banking paths ๐Ÿฆ‡. Xโ€™s interest in these for creator pay ties into Elon Muskโ€™s bigger vision for the platform. In March he confirmed X Money would roll out early public access soon as part of his everything app dream.

The product opened to limited US Premium+ users in June then widened to more paid subscribers by late July. It runs as a dollar wallet for balances instant transfers direct deposits and a Visa debit card with up to 6% yield ๐ŸŒน. Crypto and stablecoins are not in yet despite rumors before launch. SpaceX has used stablecoins for Starlink payments in some markets so this feels like a natural dark twist for X.


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