X considers USDC payments for creator rewards

Elon Musk’s X has begun exploring USDC and other stablecoins as possible payment methods for creators while preparing to replace its existing revenue-sharing system. Summary X is discussing stablecoin payouts but has not selected a token or confirmed a launch. Circle’s USDC is among the payment options being considered for creator rewards. Original Content Rewards will replace X’s Revenue Sharing program on Sept. 8. U.S. stablecoin payments will operate under rules created by the GENIUS Act. X considers USDC for creator rewards CoinDesk reported on Thursday that X is discussing whether to pay creators and other content providers with stablecoins, citing a person familiar with the plans. Circle Internet Group’s USDC is one of the digital tokens under consideration, although X has not chosen a payment method or disclosed when it could introduce stablecoin payouts. Talks remain active, according to the source, who also works with other social media companies testing stablecoins for influencer commissions. X did not respond to CoinDesk’s request for comment, leaving the possible payment structure, supported countries and blockchain networks unconfirmed. The report also did not state wh...