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Speculation Grows Around X Money Launch Date

Fri 03 Jan 2025 ▪ 6 min read ▪ by Luc Jose A.
Getting informed Payment

As digital innovations profoundly transform our habits, Elon Musk is preparing to take a step forward with the launch of X Money. This payment system, directly integrated into the X platform (formerly Twitter), could redefine standards in the world of digital payments. A recent code leak, revealed by a researcher, has fueled rumors of an imminent launch, well ahead of the officially announced date for this year 2025. If this information is confirmed, X Money promises to introduce unprecedented features, notably the potential support of cryptos like bitcoin and Dogecoin. Through this project, the X platform aims to become a key player in digital transactions, raising questions about its economic and regulatory impact.

Medium shot of an office with an open suitcase containing confidential documents marked with the X Money logo and cryptocurrency symbols.

A leak that fuels speculation

The speculation around X Money has intensified following the publication of a screenshot revealing a message that intrigues: “/X Money is not available in your state./” This discovery, shared by McRumors collaborator Aaron Perris in a post on the X platform (formerly Twitter) on January 2, 2025, suggests that the service could be limited to 39 U.S. states, where the X platform has already secured the necessary licenses to operate as a money transmitter. Such a context has reignited discussions about a possible early launch of the payment system, although X’s CEO, Linda Yaccarino, officially announced on December 31, 2024, that X Money would not see the light of day until 2025.

These speculations have been bolstered by statements from Alex Finn, an American entrepreneur, who commented on the situation on the X social network on January 2, 2025. “Everything seems to indicate that they could activate X Money at any moment, even without full coverage of the United States,” he clarified. This hypothesis is based on the progress made by X Payments LLC, a subsidiary dedicated to managing licenses and preparing the technical launch. However, significant states like New York or Washington remain outside the framework, due to regulatory hurdles that have yet to be overcome.

Despite the apparent advances, caution remains paramount. X has not confirmed the authenticity of the source code unveiled by Aaron Perris, nor the possibility of an imminent launch. This ambiguity fuels the idea that the company is following a strategy of gradual expansion, typical of projects led by Elon Musk. Such an approach aims to secure the legal and technical foundations before deploying a large-scale service, with an eye to maintaining a certain mystery around its intentions.

An ambition geared towards cryptos

One of the major features that would distinguish X Money is its potential integration of cryptos as payment rails. Elon Musk, known for his marked interest in bitcoin and Dogecoin, could include these assets in the architecture of this new system. Alex Finn, an American entrepreneur, explained that: “/cryptos could be the fastest way to make payments on X. It makes sense given Musk’s ongoing interest in these technologies./” This strategy would fit into a broader dynamic that aims to leverage the advantages of cryptos, in order to meet the growing expectations of users for fast and innovative transactions.

In parallel, X Money could profoundly transform the creator economy on the platform. By facilitating digital tipping and direct transactions between users, this system would provide new monetization opportunities for content creators. This evolution would position X as a leading player in the digital payment ecosystem, capable of competing with established platforms like PayPal or Cash App. However, this ambition comes with considerable challenges. Crypto regulation remains a major obstacle, particularly due to the decentralized nature of cryptos and the strict requirements of financial authorities. Furthermore, the security of transactions must be ensured to instill user trust and prevent risks related to fraud.

If these obstacles are overcome, X Money could redefine the standards of digital payments and combine technological innovation with an enhanced user experience. However, the success of this initiative will depend on Elon Musk’s team’s ability to manage this project within a complex regulatory framework to meet the expectations of an audience seeking modern and reliable crypto solutions.

The X Money project reflects Elon Musk’s ambition to make X much more than just a social platform, transforming it into a true versatile crypto ecosystem. If speculations about an imminent launch are confirmed, this service could become a major revolution in the adoption of digital payments, disrupting traditional players. However, the success of this initiative will depend on its ability to overcome challenges related to regulation and crypto security. Despite these uncertainties, Musk’s approach illustrates a constant desire to innovate, fueling as much enthusiasm as debate about the future of technology and online payments.

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Luc Jose A. avatar
Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.