The X platform, led by Elon Musk, is rumored to be preparing to support cryptocurrency payments by the end of 2025. While Musk had previously stated that there were no concrete plans for crypto integration, recent developments suggest he may have changed his mind.
Last month, X Money announced a partnership with Visa, fueling speculation that the social media platform is laying the groundwork for crypto transfers. The platform is set to offer services such as funding digital wallets, transferring funds to bank accounts, and facilitating peer-to-peer payments. According to industry insiders, X Money will be ready for cryptocurrency integration by the end of this year.
Ran Goldi, Senior Vice President of Payments and Networks at Fireblocks, claimed that X Money is on track to support digital asset transactions by late 2025. Goldi noted that many major payment companies are pivoting toward digital assets, and X Money is unlikely to fall behind.
Meanwhile, political developments in the United States could also influence this decision. With Donald Trump, who has expressed a favorable stance toward cryptocurrencies, running for re-election and maintaining a positive relationship with Musk, X Money could find strong motivation to move forward with its crypto integration plans.