Elon Musk Wants Twitter Payments System to Accommodate Crypto: FT

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.

Dogecoin (DOGE) spiked to its 24-hour high after the news broke. Musk has long professed a love of the meme coin.

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Nick Baker

Nick Baker is CoinDesk’s deputy editor-in-chief and a Loeb Award winner. His crypto holdings are below CoinDesk's $1,000 disclosure threshold.

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