Twitter influencers are paid through payment platforms that mostly support non-crypto payments. After Stripe unveiled a solution for influencers to earn in Crypto, this is set to change.
This means that Twitter will integrate Stripe into its ecosystem, supporting Crypto payments and facilitating Credit and Debit Card payments, giving influencers and their Twitter audience a one-off solution for all their payment preferences.
In the initial rollout, Stripe will only allow payments in USDC, which is pegged against the US Dollar. This payment option is a major boost to the Cryptocurrency market as the move aims to improve Crypto adoption.
Digital assets have been touted as a driver of financial freedom and inclusion in a space dominated by a financial industry that is self-serving and majorly after profits.
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Facilitating Online Discourse
Twitter influencers play a vital role in facilitating online discourses that have the effect of creating awareness about issues that affect society, such as social injustices and corporate malpractice. On the other hand, Twitter is also a critical source of policy as lawmakers can see the priorities of the citizenry and make policies and guidelines that are consistent with the prevailing needs of people.
According to Esther Crawford- the Twitter creator’s product lead, Stripe will provide diverse options for influencers to earn. This move will motivate and incentivize them to create conversations and make Twitter a platform for driving change in society.
The Ability to Attract Online Audiences Will Be an Income Earner
The integration of Stripe on Twitter is now the latest option for owning Cryptos. This will be relatively easy given that all that a Twitter creator will be required to do is attract an online audience to their conversations to earn USDC.
The Twitter creators will also be able to receive payments on Stripe for their subscription and online traffic that has been granted exclusive access to content. This will allow the creators to curate and customize their output for different audiences to maximize their earnings.
There are other options for earning Cryptos, such as trading on Crypto exchange platforms, mining, accepting Crypto payments for businesspeople, etc.
USDC Is a Major Cryptocurrency
The USDC is the 5th largest digital asset by market capitalization of $49,890,575,251 according to the latest Coinmarket cap data. One Token is valued at $1, and the price has been relatively stable since its inception.
Stablecoin is one of the most adopted Crypto on payment platforms, having also been adopted by Lightning Labs on its Taro Protocol ecosystem.
Stablecoins are not ideal for hodling to maximize returns on investments as they hardly fluctuate. However, they are convenient for commercial transactions, especially across borders, due to their ease of use and stability.