Dogecoin (DOGE) Back in the Spotlight as Leaked Code from X (Formerly Known as Twitter) Hints at the Imminent Launch of Its Much-Anticipated Payment System, X Payments

Amidst the ongoing anticipation for X's (formerly known as Twitter) entry into the payments arena, with the X Money initiative slated to roll out in the United States, leaked code from the platform has reignited speculation regarding the potential integration of cryptocurrency into X's payment system.

This development follows X CEO Linda Yaccarino's announcement on New Year's Eve regarding the introduction of new features in 2025, including X Money, X TV, and Grok.

“2024 X changed the world. Now, YOU are the media! 2025 will connect you in ways never thought possible. Buckle up. Happy New Year,” Yaccarino stated on December 31.

While there is no official confirmation yet on whether X Payments will extend beyond the U.S., rumors have been circulating about the possible inclusion of cryptocurrency in X's Money plans, with Dogecoin (DOGE) emerging as a strong contender.

This speculation stems from the involvement of X's owner, Elon Musk, who has consistently voiced his support for Dogecoin over the years. Musk's engagement with the cryptocurrency spans several years, with Tesla accepting DOGE for merchandise purchases.

In 2022, Musk further fueled speculation with his cryptic tweets hinting at expanded use cases, stating that Tesla would “enable $DOGE payments at some point” and reiterating his well-known rallying cry, “Dogecoin to the moon.”

Interestingly, Musk's famous “Dogecoin to the moon” tweet has become a rallying cry for DOGE enthusiasts, despite facing a lawsuit in 2023 over allegations of artificially inflating Dogecoin's value. However, Musk maintains that his promotion of the coin was always intended to be lighthearted.

These developments appear to align with the leaked code, which, according to Alex Finn, a popular tech reporter, indicate that “X Payments in one way or another will support cryptocurrency.”

“It's not surprising, but if you look at the code that was leaked from X, it does appear that X Payments in one way or another will support cryptocurrency,” Finn remarked in a recent broadcast, adding that “crypto will probably be a good number of rails for [X] payments.”

If X Payments does incorporate cryptocurrency, it could potentially drive a market surge similar to the one that followed PayPal's adoption of crypto in 2021, which contributed to Bitcoin's historic bull run.

Furthermore, Musk's broader focus on financial innovation, along with his playful initiatives like the “Doge Department of Government Efficiency,” keeps Dogecoin's role in X's Money plans a subject of ongoing speculation.

At the time of press, DOGE was trading at $0.389, up 2.16% in the past 24 hours.