Dogecoin explodes as Twitter began the process of entering the payments sector

By Yugocean | Crypto Champion | 31 Jan 2023

Twitter is currently preparing to enter the payments sector under the direction of Elon Musk, and has begun the process of obtaining a regulatory licence in the US.

Fiat and Crypto Terminology

Following acquisition of the licence, Twitter will begin payments business in US dollars and other fiat currencies, with rumours suggesting that cryptocurrency will be accepted as well. Under the direction of the Dogefather, there is a good probability that Dogecoin will be accepted.

Dogecoin To The Moon

The Dogecoin, which used to go to the moon just because of Musk's tweet, has started climbing up this time as well. Everyone knows that the dogfather supports DOGE. Many pieces of Tesla merchandise can be purchased with Dogecoin.