Elon Musk’s X App Secures New Money Transmitter License, DOGE Army Excited

As a seasoned analyst with over two decades of experience in the tech industry, I must say that the latest developments at X, formerly known as Twitter, have piqued my interest. The news about Elon Musk’s company securing another money transmitter license in North Dakota is not just significant, but also a testament to their relentless pursuit of innovation.


As an analyst, I came across information shared by “DogeDesigner” (@cb_doge) on the X platform regarding Elon Musk’s company making progress toward integrating internal payments on their platform, which was previously known as Twitter. It appears that “DogeDesigner,” who is part of the Dogecoin team and frequently provides insights about the X app team, was the one spreading this news.

There was a lot of buzz within the Dogecoin community as they eagerly awaited the potential rollout of the X Payments feature, slated for release towards the end of the year.

Another license for X Payments granted

User @cb_doge shared the news that entity X has obtained a money transmitter license in the state of North Dakota. They emphasized that this brings their total count to 35 licensed states, with only 15 more states needed for the implementation of the X Payments service.

News Flash: Company Obtains Money Transmission License in North Dakota, Expanding Its Reach to 35 States Now.

— DogeDesigner (@cb_doge) August 2, 2024

He posted a reminder that this is expected to be done later this year.

As a researcher, I’ve noticed an overwhelming enthusiasm among my “DogeDesigner” community, which includes many Dogecoin enthusiasts, as they eagerly anticipate the launch of the payment system on platform X.

𝕏 Payments — later this year.

Only 15 states left!

— DogeDesigner (@cb_doge) August 2, 2024

Payday on X announced

As a content creator who has struggled to monetize my work on social media platforms for years, I am thrilled to hear that the newly rebranded X platform is now offering monthly payouts to creators like myself. Having personally experienced the financial challenges of creating and sharing valuable content without any substantial compensation, this new initiative comes as a breath of fresh air. The fact that Elon Musk, a visionary entrepreneur with a track record of disrupting industries, has taken the reins at Twitter and introduced such a feature is particularly encouraging. I am optimistic about the potential impact this could have on my creative output, and the lives of countless other content creators who are trying to make a living from their passion.

On platform X, there are two methods to generate income:

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2024-08-02 17:54