X Payments Launching Soon! Will It Involve Crypto?

• A recent leak of the latest software code behind Elon Musk’s X has sparked rumors that X Money, the anticipated payments system, may launch soon. This comes two days after X CEO Linda Yaccarino confirmed the platform would launch X Money in 2025.

X has been working on obtaining money transmitter licenses across the United States for X Money, securing licenses in 39 states so far. A leaked screenshot of the latest code shows the line: “X Money is not available in your state,” leading some observers, including entrepreneur Alex Finn, to speculate that the platform could launch in the U.S. without approval from all 50 states.

Cryptocurrency Integration Speculation

X Money would allow X users to tip content creators on the platform. Some speculate that cryptocurrencies could be involved, given Musk’s previous openness to Bitcoin (BTC) and Dogecoin (DOGE) payments in his other ventures. Alex Finn has said that “X payments will probably support cryptocurrency,” calling it the fastest way to move currency.

Musk’s fondness for Dogecoin (DOGE) has led to speculation that the memecoin might be supported in X Money. His company Tesla already supports DOGE for merchant purchases and holds **$1.1 billion worth of Bitcoin (BTC), according to Arkham Intelligence data.

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In a Dec. 31 post, Linda Yaccarino confirmed that X Money would launch in 2025, though X has not confirmed the legitimacy of the leaked source code or whether the launch is imminent.

State-Specific Launch

If true, X Money would initially launch in the 39 states where X has secured a money transmitter license. However, it would not immediately be available in states like Alaska, Delaware, Hawaii, Indiana, Massachusetts, Minnesota, Montana, New York, Vermont, Washington, and Wisconsin.

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