10/26/2022 | Benzinga

Elon Musk's Love Affair With Dogecoin Continues As Twitter Considers Crypto Wallet

Elon Musk's Love Affair With Dogecoin Continues As Twitter Considers Crypto Wallet

Twitter Inc is reportedly working on a cryptocurrency wallet that supports crypto deposits and withdrawals, according to Security Researcher Jane Wong.

Billy Markus, the co-founder of Dogecoin, and Musk — who is currently closing the deal to purchase Twitter — have long been supporters of the memecoin. Musk recently proposed introducing the option for users to pay for Twitter's premium service, Twitter Blue, using Dogecoin.

Earlier in the year, Markus sent a tweet saying that Dogecoin needed more utility — “using doge as a tipping currency,” was a point he mentioned.

It's possible that if Twitter introduces a crypto wallet, Dogecoin would be the default currency for it because Musk, who already accepts Dogecoin for some Tesla products, reacted to the tweet by adding, "[that would be] nice to have."