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Crypto: Twitter adds ethereum to its ‘tipping’ feature

Twitter
TWTR,
+0.30%

is expanding its mobile tipping feature to include Ethereum
ETHUSD,
-4.32%

support, the company announced on Wednesday.

Twitter’s “Tips” service lets users to send payments, including cryptocurrency, to accounts that they enjoy over Twitter’s mobile app. And the social media giant began supporting tips in bitcoin
BTCUSD,
-4.54%

in September 2021.

“We’re continuing to expand ways to get paid on Twitter which includes more choices for creators and fans who want to use crypto,” Johnny Winston, lead product manager of creator monetization at Twitter, told CoinDesk in a statement. “We’re excited to add the ability for anyone to add their ETH Address to Tips.”

It should be noted that it’s not clear whether other tokens on the Ethereum blockchain, such as ERC-20 tokens and stablecoins, will be supported by Twitter Tips, or if it’s just ether.

Related: Why the debut of tipping bitcoin on Twitter isn’t just about tipping

The news from Twitter is yet another example of the company’s interest in cryptocurrency and blockchain technology. Earlier this year, Twitter began allowing some users to use their non-fungible tokens, or NFTs, as their profile pictures on Thursday. (An NFT is a certificate of ownership for a digital asset that is unique and is not meant to serve as a means of exchange.)

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