Charles Hoskinson Teases Plan to Enable Dogecoin for Payments on X

Charles Hoskinson, the founder of Cardano (ADA), has hinted at plans to enhance Dogecoin’s functionality for integration as a payment option on X (formerly Twitter).

In a widely discussed tweet on Tuesday, Hoskinson addressed Elon Musk, proposing improvements to Dogecoin’s code to optimize it for transactions on the platform.

“Hey Elon, you want to fix up Doge and make it the standard currency of X? I have the old Bitcoin 2 roadmap I wrote up years ago,” he wrote, drawing attention from Dogecoin supporters.

Notably Hoskinson emphasized key technical upgrades, including sharded proof-of-work for efficiency, state channels for low-cost payments, and secure smart contracts on eUTXO.

“I’ll even throw in some quantum resistance. Just tell me how you like it (hashes or lattices) @dogecoin… I got you. Fully decentralized governance,” he added.

The proposal quickly gained traction, prompting a response from the Dogecoin team which wrote, “That’s how adversarial consensus works, present your proposal to the network operators.”

While Hoskinson reiterated that he does not hold Dogecoin, his idea of integrating Dogecoin into X aligns with Musk’s well-documented support for the meme-based cryptocurrency. Notably, the Tesla owner has shown persistent interest in Dogecoin’s development and its potential integration into X’s financial ecosystem.

In May 2021, Elon Musk announced that he was collaborating with Dogecoin developers to improve the cryptocurrency’s transaction efficiency, highlighting his commitment to enhancing its functionality. Later that month, he encouraged the public to contribute to the project by submitting ideas on GitHub and the Dogecoin subreddit, further supporting its development.

His support extended to X’s financial ambitions. In December 2022, Musk suggested that Dogecoin could be used for premium X subscriptions, stating, “I will keep supporting Dogecoin,” a comment that led to a temporary price surge.

In FEB 2023, reports indicated that Twitter was developing a payment system, and Dogecoin’s price surged over 10% following these announcements. A biography published in 2023 also revealed that Musk had been “quietly funding the development” of Dogecoin, though details remain scarce.

However, by mid-2024, it was reported that the planned payment system would not include cryptocurrency integration, disappointing Dogecoin enthusiasts.

In January 2025, X Payments rebranded as X Money, but no confirmation was given regarding Dogecoin integration. Instead, X CEO Linda Yaccarino announced a partnership with Visa to launch a digital payments system under the same name, expected to roll out later in the year.

Despite the lack of official confirmation, speculation continues about Dogecoin’s potential role in X’s expanding payment infrastructure, given Musk’s long-standing support.