The company has started the process of obtaining state licenses for regulation and development of software for the integration of embedded payments.
Earlier, Elon Musk said that Twitter should be transformed into an "everything app" with messaging, payments, and commercial functions. According to these plans, the company registered with the US Treasury as a payment processor in November 2022.
Per Musk's wishes, the payment system is initially designed for fiat. While its structure will provide for future cryptocurrency features.
Mask's favorite, Dogecoin, reacts violently to the news. Investors, just in case, pumped the MASK token (why would anyone invest in bitcoin, after all).
