X’s proprietor, Elon Musk, is allegedly contemplating integrating XRP and RLUSD into the social media platform. This marks a shift from rumors that the world’s richest man may combine Dogecoin, given his fondness for the foremost meme coin.
Pundit Claims Rumors of Elon Musk Integrating XRP and RLUSD
In an X submit, crypto pundit JackTheRippler claimed that there are rumors that Elon Musk will combine XRP and RLUSD into X. This got here as he shared a video through which the world’s richest man stated the social media platform may turn into half of the worldwide monetary system if completed proper.
This aligns with Elon Musk’s imaginative and prescient to rework X into an ‘All the pieces App.’ Nonetheless, it’s value noting that the world’s richest man didn’t point out something about integrating XRP or RLUSD on the social media platform. Musk has solely as soon as commented on XRP, in 2024, when he stated he thinks crypto helps with particular person freedom, in response to a query about whether or not the XRP Ledger could possibly be built-in into monetary establishments sooner or later.
Earlier than JackTheRippler’s declare about an XRP and RLUSD integration, Dogecoin had been the coin that had been broadly rumored to get built-in into X funds when the funds system launches. This is because of Elon Musk’s fondness for the foremost meme coin, with the world’s richest man referencing the meme coin on a number of events.
Nonetheless, Elon Musk has by no means confirmed plans to combine Dogecoin or another crypto asset, together with the altcoin and RLUSD, into X. There has additionally been no confirmed date for the X funds launch, which was anticipated to occur final 12 months. In the meantime, though Musk has not talked about integrating cryptocurrencies, the world’s richest man seems to be warming to them, particularly Bitcoin.
Final 12 months, Elon Musk admitted that Bitcoin, alongside Dogecoin, was primarily based on power. He then said that one can situation faux fiat foreign money, which governments have completed, however that it’s “unimaginable to faux power.”
Musk Doubtless To Combine Crypto Into X
Market consultants, similar to SkyBridge founder Anthony Scaramucci, have opined that Elon Musk will combine cryptocurrencies into X. In an interview, he stated the world’s richest man will construct an excellent app and that he will likely be utilizing crypto. Nonetheless, Scaramucci admitted that he wasn’t positive how Musk would go about it, whether or not he would combine identified cryptos like Bitcoin, XRP, Dogecoin.
He additionally raised the potential for Elon Musk creating his personal coin, like Telegram’s TON, or that it could possibly be a stablecoin. Within the meantime, X’s Head of Product, Nikita Bier, introduced that they’re constructing good cashtags that may permit customers to specify the precise crypto asset when posting a ticker. Customers will be capable to faucet these tickers to see real-time pricing for these crypto belongings of their timeline.
Featured picture from Getty Photographs, chart from Tradingview.com
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