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‼️RARE CLIP: CHRIS LARSEN BREAKS DOWN HOW THE INTERLEDGER PROTOCOL WILL TRANSFORM PAYMENTS LIKE SHIPPING CONTAINERS DID FOR GLOBAL TRADE‼️ “Everyone can get behind the Interledger Protocol — Americans, the Chinese, even the Gates Foundation. And they already have.”😏💨 Listen closely.👇

206,888 Aufrufe • vor 1 Jahr •via X (Twitter)

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How does XPay work on the backend to move money. Let’s find out. X (formerly Twitter) will use interledger protocol within its tech stack. Let’s discuss. XPay can integrate the Interledger Protocol (ILP) to enable seamless, cross-network payments. Here’s how it can work: 💰Interledger as a Routing Layer – ILP acts as a bridge between different payment networks, allowing XPay to facilitate transactions across banks, digital wallets, and blockchain networks without requiring direct partnerships with each. 💰Streaming Payments – XPay can use ILP’s streaming capability to send continuous micropayments, enabling pay-per-use services or real-time settlement for merchants. 💰Currency-Agnostic Transfers – ILP supports sending payments in one currency and receiving them in another. XPay could allow users to pay in their local currency while merchants receive in their preferred currency. 💰Interledger Connectors – XPay can use third-party ILP connectors or set up its own to route payments efficiently, reducing reliance on traditional banking rails. 💰Integration with Social Media (e.g., Twitter) – If XPay integrates with platforms like Twitter (as Vanessa suggests), it could enable instant monetization via tipping, content subscriptions, or ad revenue payouts using ILP’s frictionless payment system. 💰Wallet Interoperability – XPay could function as an ILP-enabled wallet, allowing users to send/receive payments across different networks without worrying about compatibility. By leveraging ILP, XPay can create a fast, low-cost, and interoperable payment system that works across traditional finance, crypto, and emerging payment networks.

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