UPDATE: Taylor Swift herself has confirmed the collaboration.

View this post on Instagram

WELL GUYS 4.26 is gonna be here in a few hours and my new song “ME!” featuring the extraordinarily talented and awesome @brendonurie of @panicatthedisco will be out tonight at midnight eastern. In other exciting news, the VIDEO will be out then too and I can’t wait to watch live with you (and answer some questions) as it premieres on @YouTube 🎥Click the link in my bio and I’ll meet you there a little later!! 😺

A post shared by Taylor Swift (@taylorswift) on Apr 25, 2019 at 6:18pm PDT

EARLIER: Panic! at the Disco fans and Taylor Swift’s Swifties are currently freaking out on social media as rumors have begun to swirl that Panic!’s frontman, Brendon Urie may be featured on a new Swift track.

And even better than that? The song is rumored to drop TONIGHT.

Neither Swift or Urie have confirmed these rumors but many fans have begun to share the exciting news after a Spotify billboard appeared in London listing Urie as a collaborator on the pop star’s new single, titled “Me!”

“Me!” will be the first track released by Swift since 2017’s “Reputation.” And, though the name had been unknown until now, Swift has been leading up to the single’s drop with plenty of hints labeled “4.26.”

Including an adorable photo of her two cats, Olivia Benson and Meredith Grey.

Perhaps the single will come with a new music video starring both Urie and the adorable kitties?

We aren’t sure- but we are starting to believe the collab is actually happening.

After all, Urie does not have the best poker face, as he showed during his live-stream earlier tonight when asked about Swift’s new music.

So what do you think? Will “Me!” be the collaboration of the year? Or could this mean a clash of the fandoms.

Let us know in the comments below!

There are only a few more hours until we find out…