Ripple's head of payments products pitched Elon Musk on paying X creators in XRP instead of dollars, arguing that XRP's near-zero fees would let creators keep more money. Musk recently said X won't launch its own crypto, suggesting the platform might use existing tokens like XRP or Dogecoin instead.
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Could Elon Musk make it so that content creators on Twitter are paid via XRP? Ripple's head of payments products just put out a proposal basically wanting Elon Musk to pay content creators in crypto, and specifically XRP. So in this proposal, he says that content creators might receive very small checks and the fees would actually eat up most of their earnings, and XRP can solve this because you can send any amount of money for free anywhere into the world instantly. But this means content creators would make more money. And actually, the president of Ripple, Monica Long, responded to this with a light bulb, kind of signaling that she also thinks this is a great idea. Elon Musk also confirmed today that Twitter/X will never ever launch a crypto token of its own. This means they'll be using existing products like Doge and maybe XRP.