X Money Enters Beta Testing with 2025 Launch Target, Cryptocurrency Integration Notably Absent
Elon Musk’s X Money payment platform has initiated limited beta testing ahead of its planned 2025 launch. The Visa-partnered digital wallet service has secured 41 US money transmitter licenses, positioning it as a potential disruptor in traditional payments. Musk emphasized "extreme care" in handling user funds, though conspicuously avoided any mention of cryptocurrency integration despite widespread speculation about Dogecoin or other digital asset support.
The deliberate omission of blockchain functionality suggests X Money may initially prioritize fiat-based transactions. This development comes as legacy financial institutions and tech giants increasingly explore digital asset settlement layers. The payments landscape continues evolving at the intersection of social media, banking, and decentralized finance.