#Conversations with X are ongoing, according to a person who also works with other social media platforms testing stablecoins to pay influencers.

X is in talks to use stablecoins such as Circle’s USDC to pay royalties to influential users for their content, according to a person familiar with the plans.

The move would extend Elon Musk’s embrace of stablecoins, which are already used by SpaceX’s Starlink service for cross-border payments.

The discussions come as X phases out its Revenue Sharing program and rolls out an Original Content Rewards Program aimed at compensating creators for original ideas, reporting and commentary.

Social media platform X is in talks to explore how stablecoins, such as Circle Internet’s (CRCL) $USDC, can be used to pay royalties to influential users for uploading content, according to a person familiar with the plans.

The conversations with X are ongoing, said the person, who also works with other social media platforms testing stablecoins as a way to pay commissions to influencers.

Media representatives of X did not immediately respond to requests for comment.

Stablecoins, which boast a collective market cap of over $300 billion, have become a staple for blockchain payments, facilitating faster, cheaper cross-border transactions for everyone from small businesses to multinationals moving large amounts of money between subsidiaries.