Brian Armstrong, the CEO of Coinbase, has expressed interest in integrating the USD Coin (USDC) from Circle for payments on the X social networking platform (formerly Twitter). Armstrong has suggested that USDC payments could add value to this platform and has urged the X team to investigate implementing this feature. This public request follows a similar proposal from Travis Bloom, a senior engineer at Coinbase. Market analysts believe that implementing such a capability aligns with X’s broader goals of introducing a payment system and transforming this social media platform into an ‘all-in-one app.’ It is worth noting that USDC is the second-largest stablecoin globally after Tether (USDT) and in 2024, its total supply had grown by over 80 percent. Furthermore, its presence on Ethereum layer 2 networks has also seen significant growth.
