Elon Musk’s X Money Revolution: How Crypto is Disrupting Finance in 2025

The financial world's tectonic plates are shifting—again. Elon Musk's cryptic 'X Money' project is poised to bulldoze traditional payment rails, with insiders whispering about a blockchain-powered overhaul.

Bankers hate this one trick

Forget SWIFT. Forget ACH. X Money's testnet reportedly processes 50K TPS while legacy systems choke on Starbucks latte orders. Early adopters include remittance corridors and—of course—Musk's own ventures.

Wall Street's cold sweat

JPMorgan analysts downgraded payment processors as X Money's whitepaper dropped. 'It's not disruption—it's annihilation,' tweeted Cathie Wood, while Bitcoin maximalists grumbled about another shitcoin.

The kicker? This might finally kill the 'blockchain not Bitcoin' narrative. Or just give hedge funds another speculative toy to wreck retail investors with—your call.

X Money and Cryptocurrencies

Before Elon Musk acquired Twitter, there was talk about buying the “X” domain with the goal of creating an “everything app.” After Musk acquired Twitter, the platform swiftly began its transformation, and the X plan was put into action. Currently, only the domain and company name are X, but a complete overhaul is on the horizon.

X CEO Linda Yaccarino has revealed that the platform will soon launch investment and trading services within the app. According to a report from FT, users will be able to trade on the platform. Additionally, an X-branded bank card is slated for release.

“You can come to X and perform all your financial transactions directly on the platform. This means being able to pay for last night’s pizza, invest, or trade. This is the future.” – Linda Yaccarino

The Beta version of X Money was launched in May and is currently available for a limited number of users.

Will Cryptocurrencies Be Included?

Elon Musk expressed his interest in Dogecoin$0.000298 for the first time on April 2, 2019, stating that Doge is his favorite cryptocurrency. He even gave this abbreviation to the government efficiency department. Over the years, various incidents transpired, with Musk’s comments sometimes delighting investors but often disappointing them.

Musk has not engaged with cryptocurrencies for some time, with his last post about DOGE occurring last year. Before distancing himself from crypto, Musk mentioned that legal barriers made it impractical to facilitate cryptocurrency payments on the X platform.

However, these legal challenges have been overcome, and notably, the first law for stablecoins has been approved by the Senate through GENIUS. Furthermore, with a new crypto-friendly administration taking over the SEC, which refrains from frivolous lawsuits, several banks and financial institutions have begun offering planned crypto products.

If Elon Musk integrates cryptocurrencies into the platform, he stands to profit considerably, and the fact that he still holds BTC suggests that he has not completely divorced from crypto. Although trading and payment services currently do not mention crypto, these could be included in future offerings.