Twitter The company is reportedly working on a system that would allow users to make payments directly through the social media platform. Billionaire owner Elon Musk said to be pushing for a fiat currency priority, but would like the system to integrate cryptocurrencies later.

What happened: According to a Financial Times reportTwo people familiar with Twitter’s plans have hinted that the forthcoming payments feature will initially support fiat currencies, but will also be designed for digital currencies.

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Why it matters: Twitter has touted the ability to make payments on its platform easier than ever – part of Elon Musk’s plan to transform Twitter into an “everything app”.

Just a few weeks ago, rumors surfaced with leaked images of Twitter’s very own digital asset: “Twitter Coins.”

It should be noted Musks Tesla Inc TSLA allows the use of Dogecoins DOGE/USD for the purchase of goods through online stores.

Well, DOGE Enthusiasts want Twitter to add meme crypto for payment features as Musk is also a known proponent of the meme coin.

Price promotion: At the time of writing, DOGE was trading at $0.09278, up 4% over the past 24 hours Gasoline Pro.

continue reading: Dogecoin surges on Musk Effect, Bitcoin, Ethereum Slide