• Twitter is looking for new sources of revenue and may include crypto and Dogecoin as part of a new strategy.
• The company has submitted petitions for regulatory licenses in the US to turn the business around.
• Elon Musk is a big Dogecoin proponent and any plans to incorporate payments on Twitter include the meme coin.

Twitter, one of the world’s most popular social networks, is looking for new sources of revenue to stay competitive in the digital age. A report from the Financial Times (FT) claims that the company is exploring ways to incorporate crypto and Dogecoin (DOGE) as part of its new strategy.

Twitter was acquired by Elon Musk in a multi-billion-dollar deal last year, and many advertisers have left the platform, negatively impacting the company’s revenue stream. The new CEO has launched a subscription service and is now looking for alternative ways to mitigate the company’s financial problems. To this end, the social network is focused on enabling payments on its platform, under the leadership of Esther Crawford.

The company has submitted petitions for regulatory licenses in the US, in order to make its payment services available to customers. This is part of a larger strategy to bolster the company’s revenue streams, and crypto could be a big part of it. Musk has publicly revealed his plans to roll out peer-to-peer transactions with bank accounts and debit cards on the network. These features are part of a „master plan“ to build the „everything app“.

Like other social networks, Twitter would expand its services to include messaging, shopping, and payments. In this context, Dogecoin could play a big role. Musk is a big proponent of the meme coin, and any plans to incorporate payments on Twitter would include it. The market is reacting positively to these reports, as investors believe that the company is serious about embracing crypto as part of its revenue strategy.