The X Money service from X (formerly Twitter) has officially revealed its first images, attracting significant attention from the technology and financial communities.
The beta launch of X Money marks an important step in the plan to transform X into a financial super-app. It has also sparked speculation about crypto integration.
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Famous actor William Shatner—best known for playing Captain Kirk in the Star Trek series—shared information about the service and invited readers to join the beta program.
The first screenshots from Shatner’s account show that the X Money interface is simple and user-friendly.
The application includes three main tabs: Account, Rewards, and Activity. Users can easily send and receive money, request payments, and deposit funds.
One notable feature is the ability to receive Direct Deposit and earn yields of up to 6% APY.
The account Teslaconomics predicted that X Money will soon integrate crypto alongside X. It also expects the platform to support asset management and stock trading directly within the timeline.
Billionaire Elon Musk reposted Teslaconomics’ predictions, indirectly acknowledging that these forecasts could soon become reality.
Earlier speculation suggested that X Money might accept payments using Dogecoin or XRP. However, market analyst Chamath Palihapitiya believes that X Money will instead accelerate the adoption of stablecoins. He also argues that the profits from this system will flow to users rather than platforms.
Although Musk did not directly confirm these predictions, he posted a comment that signaled support.
With more than 600 million monthly active users on X, any adoption of crypto could have a significant impact.
These developments suggest that the large-scale rollout of X Money is approaching quickly. The project has already secured money transmitter licenses in more than 40 US states.
The stablecoin payments market is currently entering an intense race, with deeper participation from major companies such as Visa, Stripe, and Meta. X Money is unlikely to remain outside this competition.
Source: https://beincrypto.com/x-money-potential-crypto-integration/
