Comment on Twitter’s adoption of cryptocurrency from James Bay, Customer Service Director at STICPAY

“Twitter has always been one of the most pro-crypto social media networks and it isn’t surprising that it is the first major network to adopt crypto payments. There are estimated to be more than 200 million crypto users worldwide and it was just a matter of time before a business, such as Twitter, enabled them to use crypto on its platform.

“Twitter’s Tips feature is ingenious. Twitter users in markets like the US have frequently shared their crypto wallet addresses, but the Tips feature will make it much easier for them to receive payment or donations to a cause. Tips works by enabling Bitcoin payments via the Bitcoin Lightning Network, which also supports more third-party payment platforms available in countries such as El Salvador, where Bitcoin has recently been made legal tender.

“It is great to see such a major and influential global business embracing crypto. Crypto is the future and businesses need to be prepared if they are to prosper with this new way of operating.

“STICPAY started with just fiat transactions but due to customer demand we implemented crypto converter, deposit, and withdrawal features. These features are now among the most popular with our users.”