|

Elon Musk Reveals X Money May Launch Soon, Fueling Crypto Speculation

As a part of the technique to show X (previously Twitter) right into a “tremendous app” or Everything App, a key lacking piece, X Money, is starting to take form.

X goals to be greater than a social media platform. Elon Musk needs to rework it into a private finance game-changer. Users may deal with messaging, procuring, and full private asset administration in a single place.

Why Are Crypto Investors Excited About X Money?

During an xAI “All Hands” presentation in February 2026, Elon Musk revealed that X Money is already operating in inside testing amongst X staff. A restricted rollout to customers is anticipated inside the subsequent one to 2 months.

X Money has secured cash transmitter licenses in more than 40 US states. It additionally established strategic partnerships with main cost giants such as Visa last year.

“For X Money, we truly had X Money reside in closed beta inside the firm, and we count on within the subsequent month or two to go to a restricted exterior beta after which to go worldwide to all X customers. And that is actually meant to be the place the place all the cash is, the central supply of all financial transactions. So it’s actually going to be a game-changer,” Elon Musk said.

Musk goals to push month-to-month energetic customers previous 600 million and finally attain 1 billion. Analysts compare this ambition to constructing an all the pieces app just like China’s WeChat.

As a outcome, X Money represents a significant alternative for any crypto venture that accepts it as a cost methodology or is not directly related to the platform.

However, X Money has by no means confirmed that crypto will likely be used as a cost possibility. Investors, in the meantime, proceed to construct their very own narratives.

The first hypothesis centers on Dogecoin (DOGE). This meme coin intently aligns with Elon Musk’s private model. The idea stems from Musk’s previous feedback suggesting DOGE may very well be appropriate for micropayments.

The second hypothesis includes XRP. This speculation is linked to Cross River Bank, a monetary associate working with X to course of cost flows. Since 2014, Cross River Bank has integrated Ripple’s protocol to allow real-time cross-border funds between the US and Western Europe.

Despite these narratives, DOGE and XRP costs confirmed no important response to information of X Money’s upcoming launch.

In the approaching months, as soon as X Money formally goes reside as deliberate, its influence on crypto markets and the worldwide monetary system could grow to be clearer.

The put up Elon Musk Reveals X Money May Launch Soon, Fueling Crypto Speculation appeared first on BeInCrypto.

Similar Posts