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Elon Musk Wants Twitter Payments System to Accommodate Crypto: FT
DOGE spiked on the news.
By Nick Baker
Updated May 9, 2023, 4:06 a.m. Published Jan 30, 2023, 5:36 p.m.
Twitter is designing a system to permit payments through the social-media platform, and although billionaire owner Elon Musk wants it "first and foremost" to be for fiat currencies, he wants the ability to add cryptocurrencies later, the Financial Times reported Monday.
spiked to its 24-hour high after the news broke. Musk has long professed a love of the meme coin.
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Read more: Dogecoin Soars as Elon Musk's Twitter Deal Nears Completion
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Hong Kong's RedotPay raises $100 million Series B to push global stablecoin payments
The Hong Kong-based fintech says demand for stablecoin-powered cards and cross-border payouts is accelerating as it scales payments beyond crypto trading.
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- RedotPay, a Hong Kong-based fintech, raised $107 million in a Series B round to expand its stablecoin-powered payment services globally.
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