Rumors Swirl Around Imminent Launch of X Money Payments System
Speculation is mounting that X Money, the much-anticipated payments system from Elon Musk’s X platform, may launch sooner than expected following a purported leak of the platform’s latest software code.
Leaked Code Sparks Buzz
The leaked code snippet, shared by MacRumors contributing researcher Aaron Perris, included a line stating, “X Money is not available in your state.” This revelation has fueled speculation that X Money could debut in the United States even before securing full regulatory approval in all 50 states.
To date, X has secured money transmitter licenses in 39 states, with notable exceptions including New York, California, and Massachusetts. Observers believe the payments platform may initially roll out in licensed states before expanding further.
A Potential Role for Cryptocurrency
American entrepreneur Alex Finn added to the speculation, suggesting that cryptocurrencies could play a significant role in X Money. Speaking during a self-hosted X Spaces event, Finn stated:
“X payments in one way or another will support cryptocurrency. Crypto will probably be a good amount of rails for [X] payments.”
This aligns with Musk’s well-documented interest in digital assets like Bitcoin (BTC) and Dogecoin (DOGE), both of which are accepted for payments at Musk’s electric vehicle company, Tesla. Tesla also holds $1.1 billion worth of Bitcoin, according to Arkham Intelligence data.
Confirmed Launch in 2025
While X has not officially commented on the leaked code, CEO Linda Yaccarino confirmed in a December 31 post that X Money is set to launch in 2025. The payments system will reportedly enable users to tip content creators, further integrating social media and digital finance.
However, the rumored launch timeline remains speculative. If true, X Money’s initial rollout would likely be restricted to states where the platform has obtained licensing, excluding jurisdictions like Alaska, New York, and Vermont.
Dogecoin Speculation Resurfaces
Given Musk’s history with Dogecoin, industry pundits are speculating whether the memecoin will feature in X Money’s infrastructure. Musk’s affinity for DOGE, demonstrated by Tesla’s acceptance of the token for select purchases, has kept the crypto community abuzz.
What’s Next?
The introduction of X Money represents a significant step in Musk’s vision to transform X into a comprehensive “everything app,” merging social media, finance, and cryptocurrency. Whether cryptocurrencies like DOGE and BTC will play a formal role remains to be seen, but the integration of blockchain-based payments could position X Money as a game-changer in digital finance.
Stay tuned as developments unfold, with the potential for X Money to reshape how payments and content monetization are integrated into social media.
