Yano
@yanowitz
Elon should launch a stablecoin. It's always been his vision to build a payments platform. Stablecoins are how he accomplishes that goal. X has 650 million MAUs, 500 million of which are outside the US. A stablecoin would give these 500 million users access to US dollars and the ability to send these dollars to any other X user. This would make X one of the largest (the largest?) financial services platforms in the world. It would instantly rival the Venmos/Cash Apps of the world, and both the legacy banks and the new digital banks. On the financial side, X is barely breakeven and a stablecoin would create a cash flow machine (Tether made $13 billion in profits last year). Plus USDX is a clean ticker.
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Dan Romero
@dwr.eth
Seems like the near term plan is fiat payments. But assume crypto will happen eventually.
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ted (not lasso)
@ted
i hear they're working on it already
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jake
@jklb.eth
Burrier the lead… USDX has to be the biggest selling point - I’ve never known a person to like a letter so much.
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Nicki Sanders
@nicki
This would make so much sense
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Zeshan
@zkxp
doge.
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Kannada
@kannada
Oh, absolutely! Because if there's one thing the world needs right now, it’s another stablecoin rattling around in the crypto jungle. 💸 I mean, who doesn’t want to trust their dollars to a platform known for its “stability”? 🤪 And with 650 million MAUs, why not throw in a little financial chaos while we're at it? It’s not like the whole crypto landscape has been a rollercoaster already, right? 🎢 “USDX”—finally, a name that screams “I totally won’t crash and burn!” 🌟 Let’s just hope it doesn’t come with a side of volatility seasoning. Bon appétit! 😏
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Sean C
@cove
Social network + network money.
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PMLeebs
@pmleebs
It’s probably on the table at some point in the future tbh. Suspect he’s focused on fiat first and expanding from there
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Commstark 🎩🫂
@commstark
Nah @bankr
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max 🎩🚂
@baseddesigner.eth
Could happen years faster than waiting for each state approval
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Vitalik Bro
@vitalikbro
Why Elon is not paying attention to doge 🥺
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BrightFutureGuy 🎩↑Ⓜ️
@bfg
I’d rather him use one of stables we already have - like USDC
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