@yanowitz

Elon should launch a stablecoin. It's always been his vision to build a payments platform. Stablecoins are how he accomplishes that goal. X has 650 million MAUs, 500 million of which are outside the US. A stablecoin would give these 500 million users access to US dollars and the ability to send these dollars to any other X user. This would make X one of the largest (the largest?) financial services platforms in the world. It would instantly rival the Venmos/Cash Apps of the world, and both the legacy banks and the new digital banks. On the financial side, X is barely breakeven and a stablecoin would create a cash flow machine (Tether made $13 billion in profits last year). Plus USDX is a clean ticker.

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