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Possible Collaboration between Elon Musk and Stellar for X Payments

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by Giorgi Kostiuk

5 hours ago


Amid interest in Bitcoin and Ethereum, there are discussions about the potential use of Stellar for Elon Musk's X Payments.

Connection between Stripe and Stellar

Elon Musk is actively working on X Payments, securing money transmitter licenses in over 25 U.S. states. In this scenario, Stellar's role could be significant, as Stripe, which utilizes Stellar for USDC payouts, is engaged in active collaboration with various financial institutions.

Technologies and Curious Coincidences

Stellar's smart contract platform, Soroban, runs on the Rust programming language. At the time Soroban was launched, Elon changed his username to 'Gordon Rust', which could be a coincidence or a nod to the tools being used.

Stellar's Hidden Achievements

Stellar collaborates with financial institutions like Stripe and MoneyGram, and is participating in pilot CBDC programs. Given this context, if Musk intends to scale payments on the X platform, Stellar could serve as a reliable solution to support this project.

While official confirmations are absent, observations regarding the development of X Payments and collaboration with Stellar unveil interesting prospects for the future.

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