Twitter, Stripe pilot cryptocurrency payments for creators
Twitter and digital payments processor Stripe Inc. will pilot cryptocurrency payouts for select users of the social media site’s content monetization products, Reuters reported. Eligible users of Twitter’s Ticketed Spaces and Super Follows programs will be able to receive their earnings from the company in USD coin, a stablecoin of which the value is pegged to the US Dollar. Users who receive crypto payments can hold their earnings in crypto wallets on the Polygon network, a crypto infrastructure firm on the Ethereum blockchain, and can then exchange them into other currencies. (Reuters)
