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- Elon Musk is looking at adding a payments system to Twitter, according to the Financial Times.
- Dogecoin climbed as much as 10% on speculation the meme coin could be a part of Twitter's revenue stream.
- Dogecoin has surged more than 30% so far in 2023 amid a broader crypto rally.
Dogecoin soared Tuesday following a Financial Times report that Elon Musk is looking at adding a payments system to Twitter, fueling speculation the company could incorporate the altcoin into his social media site.
In its aim to create a new revenue stream for the platform, Twitter has started applying for regulatory licenses and designing the software needed to introduce payments on the system, the report said.