The anticipated "X Money" payment system, expected to be developed on Elon Musk's X platform, has generated significant excitement among users and crypto investors. Allegedly leaked software code suggests that this new system may be launched soon. A line in the code reading "X Money is not available in your state" has fueled speculation that the system could roll out in select regions of the U.S. without full nationwide approval.
X aims to offer payment services under "X Payments LLC" by obtaining money transfer licenses across the U.S. So far, the platform has secured licenses in 39 states and continues efforts to cover the remaining states. It is reported that X Money will initially launch in licensed areas and include features like tipping content creators.
The possibility of cryptocurrency support remains a hot topic. Experts believe that given Elon Musk's known interest in cryptocurrencies, X Money is likely to support digital assets like Bitcoin and Dogecoin. American entrepreneur Alex Finn stated, "Cryptocurrencies provide the speed and cost advantages ideal for this system's infrastructure." X CEO Linda Yaccarino has confirmed that X Money will officially launch in 2025, though no official statement has been made regarding the leaked code.