Elon Musk’s AI Discusses XRP Integration on X

The potential for X (formerly known as Twitter) to integrate cryptocurrencies like XRP or XLM for payment services has sparked significant discussions within the platform's community.

Azcnews Elon Musk's Ai Discusses Xrp Integration On X

This speculation gained traction after Amelie, a cryptocurrency influencer from Dubai, asked X’s AI assistant, Grok, about the possibility of adopting XRP or its competitor Stellar (XLM) as a payment method on the platform.

Grok acknowledged the excitement surrounding the integration of cryptocurrency payments on X. The AI assistant revealed that it had come across hints and rumors suggesting that XRP might be a potential candidate for the platform’s payment system.

Grok even highlighted an unsubstantiated rumor that Elon Musk is reportedly testing XRP payments on X. While this specific claim has not been confirmed, it has undoubtedly fueled speculation within the crypto community.

Grok Warns Against Assumptions

However, Grok emphasized the importance of caution when interpreting these rumors. The AI assistant noted that X has also been linked to XLM, a cryptocurrency sharing the same founder, Jed McCaleb, and similar goals to XRP in facilitating international payments. This highlights that X might not be solely focused on XRP and could be considering other cryptocurrencies that align with its vision.

Uncertain Direction of X’s Payment Initiative

Grok ultimately concluded that there is no definitive answer yet on the direction X has chosen for its payment initiative. The AI assistant advised the crypto community to remain patient and await further developments as X reveals its official plans.

Clarifying Unfounded Rumors and Highlighting Dogecoin’s Potential Role

Elon Musk Dogecoin
Elon Musk Dogecoin

It is important to clarify that the rumors about Elon Musk testing XRP payments on X resurfaced months ago. Some community members misinterpreted an XRP wallet labeled “Musk,” with transactions involving popular XRP-supporting exchanges like Bitstamp and Uphold, as evidence of testing. However, it is crucial to understand that anyone can create an XRP wallet with any desired name, making these speculations unfounded.

Additionally, Grok highlighted the potential role of Dogecoin, a cryptocurrency Musk has previously endorsed, indicating that it might also be a contender in X’s payment strategy.

While XRP and XLM remain strong candidates, it is notable that Dogecoin may have a slight edge due to Elon Musk’s well-documented preference for the meme-based cryptocurrency. This is further evidenced by the acceptance of Dogecoin for certain purchases on the Tesla Shop.

It is important to acknowledge that X already holds a payment processing license in 31 U.S. states. This demonstrates the platform’s commitment to expanding its payment functionalities, and the potential integration of cryptocurrencies could be a significant step in that direction.

4.0/5

(3 votes)

Latest

What Is Melania

News | Editor Choice | Research

What is MELANIA? Information about MELANIA Token

After Donald Trump launched his own memecoin, just two days later, his wife also released a memecoin named MELANIA. While it quickly reached a billion-dollar market capitalization, this memecoin has sparked a lot of controversy within the crypto community.

Azcnews Trader Loses Millionaire Status Due To Memecoin Fomo

News | Editor Choice | Memecoin

Trader Loses Millionaire Status Due to Memecoin FOMO

A trader has lost his millionaire status after FOMOing into President Donald Trump's memecoin TRUMP.

Azcnews Coinbase Announces Support For Trump Meme Coin

News | Altcoin | Editor Choice | Memecoin

Coinbase Announces Support for TRUMP Meme Coin

Cryptocurrency exchange Coinbase has officially announced its decision to list Donald Trump-themed cryptocurrency, TRUMP, on its platform. The token operates on the Solana blockchain and is classified as an “Experimental” asset, available for trading in regions supported by Coinbase.

Mark Uyeda Appointed As Sec Chairman

News | Newbies

Mark Uyeda Appointed as SEC Chairman

Mark Uyeda has been appointed by Donald Trump as the Chairman of the SEC, replacing Gary Gensler, who has resigned from the position.

Elon Musk Becomes Sole Leader Of Doge

News | Editor Choice

Elon Musk Becomes Sole Leader of D.O.G.E

Vivek Ramaswamy has announced his withdrawal from the U.S. Department of Government Efficiency (D.O.G.E) to focus on his gubernatorial campaign in Ohio.