Posted 3/22/2024, 8:29:22 PM
Elon Musk's X Payments Expands to 3 More States, Eyes 'Everything App' with Potential for Dogecoin
- X Payments, Elon Musk's payments arm, secured money transmitter licenses in 3 new states (NM, OR, IL) bringing total to 22 states
- Licenses required for sending/holding customer funds like PayPal, Cash App, etc.
- Musk wants X to be an "everything app" and payments a key part
- Speculation Musk could incorporate DOGE into X platform given his past support
- Must decide if environmental concerns preclude DOGE like with Bitcoin and Tesla
