X Money Launches in the US: What We Know So Far

X Money’s Official Teasers

What We Know So Far

Linda Yaccarino’s New Year’s Post

According to The Korea Times, Yaccarino teased the arrival of “X Money,” along with X TV and an AI chatbot named Grok, in a post on her X account. The exact quote:

“2025 X will connect you in ways you never thought possible. X TV, X Money, Grok and more. Buckle up. Happy New Year!”

Focus on an All-In-One Platform

It’s well known that X owner Elon Musk has talked about creating a comprehensive platform akin to WeChat in China—a one-stop shop for social networking, payments, media, and more. X Money appears to be a major piece of that puzzle.

Licensing and Infrastructure

As Yonhap News (via The Korea Times) reported, X’s payment arm has already secured money transfer licenses in around 14 U.S. states. This suggests a serious foray into financial services, not just a casual foray.

Potential Crypto Support

Rumors abound that X Money might support cryptocurrencies—especially Dogecoin, given Musk’s vocal enthusiasm for it. But so far, there’s no official confirmation.

(Sources: The Korea Times; Yahoo Finance)

CryptoNews Highlights

CryptoNews provided another layer of detail, emphasizing the strong possibility of X launching its own cryptocurrency in 2025. Some key points:

Traders Speculating on $XMONEY

In response to Yaccarino’s post, some crypto community members have already started speculating about a potential new token named $XMONEY. This is purely rumor at this stage, but the chatter is significant.

Musk’s Crypto Advocacy

Musk’s well-documented support for Dogecoin naturally fuels assumptions that X Money could integrate DOGE or even launch an entirely new coin. After all, if X truly aims to become a broad platform for content, finance, and communication, having a built-in crypto feature might make sense.

(Source: CryptoNews)

Yahoo Finance Perspective

Yahoo Finance also covered Yaccarino’s announcement, reiterating that X Money will roll out in 2025 with the intention of transforming X into a platform that offers far more than just social media. According to the article:

X created an official handle “@XMoney” back in January 2024—amassing over 140,000 followers.
The service is expected to expand X’s revenue models beyond traditional ads and premium subscriptions (like X Premium).
Elon Musk, at the time of publication, had not publicly commented on X Money’s full scope or timeline.

(Source: Yahoo Finance)

Impact on the Creator Economy

One of the most exciting aspects of X Money’s upcoming launch, in my view, is its potential to supercharge the creator economy—an area where X (formerly Twitter) has already taken steps through tipping features, paid subscriptions, and Spaces. Here’s how:

Seamless Monetization

If X Money is seamlessly integrated into the platform, creators may be able to monetize their posts, Spaces, and premium content without relying on external payment processors. This could mean faster payouts, fewer fees, and a simpler experience for both creators and fans.

Crypto-Enabled Earnings

Should X Money allow cryptocurrency transactions, creators might open up new revenue streams with tip jars or subscription plans denominated in crypto. This is especially appealing for global creators whose audiences are spread across multiple countries.

Micro-Payment Culture

With instant payments and low transaction fees, it becomes easier for audiences to make small “micro-tips” to support content they enjoy. Even if these tips are just a few cents each, over time they can add up substantially for creators with large followings.

Enhanced Fan Engagement

Picture a scenario in which creators can offer exclusive tokens or NFTs that grant access to behind-the-scenes content, special events, or direct interactions. This tokenization of fan engagement, if built into X Money, could blur the lines between social media and decentralized finance (DeFi).

Speedy Global Reach

For many creators, receiving earnings from international fans can involve currency conversion, high fees, and significant wait times. If X Money successfully streamlines cross-border payments, it could be a game-changer for creators who thrive on a global audience.

By focusing on integrated, frictionless payments—and potentially adding crypto functionality—X Money has the power to reshape the relationship between creators and their supporters. With fewer barriers to entry and a simpler way to monetize social content, more creators could feasibly make a living doing what they love.

My Thoughts: Could xMoney from MultiversX Play a Role?

Now, this is where I’m personally intrigued. I’ve noticed some confusion—and curiosity—about the fact that there’s another payment-related project called xMoney, which runs on the MultiversX blockchain. Here are a few possibilities:

Just a Naming Overlap

It could be that X Money from Elon Musk and xMoney from MultiversX are totally unrelated; “X” is, after all, a popular branding choice in tech.

Potential Collaboration

If X decides to enable crypto transactions, they might look to a blockchain solution that’s already in place. xMoney, built on MultiversX (previously Elrond), is known for speedy and low-cost transactions, so there’s a (theoretical) possibility of some form of partnership. This is speculation on my part, but it’s fun to consider.

Wider DeFi Integration

xMoney aims to make decentralized finance user-friendly, while Musk’s X Money presumably has a more centralized approach. A collaboration could bring DeFi features to a massive global user base—a big step in bridging traditional finance and blockchain-based solutions.

Broader Context: Social Media Currencies

X Money wouldn’t be the first attempt by a social media platform to create or integrate a digital currency:

Telegram’s TON

Telegram’s initial Telegram Open Network project faced SEC pushback, eventually leading to a community-led fork called Toncoin, which continues to operate independently.

Meta’s Diem (formerly Libra)

Meta (then Facebook) tried to launch its stablecoin-based payment system, but also ran into regulatory challenges and discontinued the project in 2022.

Given these precedents, X Money’s success may hinge on navigating regulatory waters more skillfully than its predecessors. If X can deliver a smooth and compliant user experience—and if the rumored crypto features come to fruition—it could reshape the market.

Final Thoughts

From Linda Yaccarino’s end-of-year teaser to the growing hype around crypto possibilities, X Money’s 2025 launch has certainly captured my attention. The fact that X Payment has secured licenses in multiple U.S. states signals a serious effort to integrate robust financial services into the social media platform. While official details remain scarce, I’ll be keeping a close eye on how this initiative unfolds—and whether it ends up dovetailing with xMoney powered by MultiversX.

At this point, everything about X Money’s future in crypto remains conjecture, but if Musk’s track record is any indication, he won’t shy away from taking bold risks. Whether that risk includes a synergy with an existing blockchain solution or an entirely new token remains to be seen. One thing’s for sure: 2025 is shaping up to be a pivotal year for X, and I’m excited to see how X Money evolves the way we interact, transact, and connect online.

References

Disclaimer: The above information reflects my own interpretations of publicly available reports and ongoing market speculation. Always verify details through official company statements and trusted news outlets for the latest and most accurate information.

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