Alliance will allow some Twitter users to charge cryptocurrency through Stripe | Doctor Techno | magazine

Stripe Payment Service and Twitter Friday announced an alliance to allow Some social network users may charge cryptocurrency fees in order to monetize their content.

Creators with ‘paid slots’ and ‘super followers’ on Twitter will now be able to get paid for it USD Coin, the so-called stable cryptocurrencywhose price is linked to the US dollar.

Twitter launched these two features in 2021 to give the most popular content creators a way to make money directly from the platform.

Selected users will now have the option to add a cryptocurrency wallet as a payment method and exchange their balance for other currencies.

Transfers will be made through the Stripe Connect payment system, which is currently used to send money to more than 70 countries.

Stripe has indicated that it wants to add more cryptocurrencies in the future.

Twitter is facing a takeover offer from Tesla billionaire chief Elon Musk. On his Twitter account, which has nearly 83 million followers, Musk often promotes the advantages of decentralized digital currencies, including the native cryptocurrency Dogecoin. (me)