Coinbase CEO calls for X platform to adopt USDC for payment integration

ChainCatcher news, according to CryptoSlate, Coinbase CEO Brian Armstrong expressed his intention to integrate Circle's USDC into the payment system of the X platform.

Armstrong suggested that USDC payments would be a valuable addition to the platform and urged the X team to explore the implementation of this feature. Market observers noted that implementing such a feature aligns with X's broader vision of introducing a payment system that transforms the social media platform into a "super app."

In January of this year, X announced plans to launch a peer-to-peer payment service similar to PayPal. Although details regarding the currency for this service (whether fiat or cryptocurrency) remain unclear, the platform has yet to initiate the plan.

However, X has made significant progress in obtaining money transfer licenses across the United States. Its subsidiary X Payments has currently obtained licenses in 33 states, including California, Illinois, and Virginia.