Elon Musk announced that the built-in payment system XMoney within the X platform has completed internal closed testing. It is expected to launch a limited external beta in the next one to two months, followed by gradual rollout to users worldwide. This feature is positioned as a core financial module within the X ecosystem, supporting in-app peer-to-peer transfers and various currency trading scenarios.
Musk stated that XMoney will be deeply integrated with communication features like XChat to form a unified “in-platform financial hub,” encouraging users to continuously use X across social, payment, and communication scenarios. He emphasized that the goal is to enable users to “accomplish everything they need in one app” and to drive the platform toward a long-term vision of over one billion daily active users.
This plan builds on technological groundwork laid over the past year. In early 2025, X partnered with Visa to test digital wallets and peer-to-peer payment functions. The recently launched XChat introduced end-to-end encrypted communication, which Musk described as a “privacy protection solution approaching Bitcoin-level security,” laying the foundation for financial features.
Since acquiring and rebranding as X in 2022, Musk has continuously expanded the platform from a traditional social network into a multifunctional super app, encompassing AI tools, long-form video content, and payment infrastructure. Although whether XMoney will integrate cryptocurrencies has not been disclosed, former CEO Linda Yaccarino mentioned that X will also offer investment and trading services in the future, indicating that digital assets may become an important part of its financial ecosystem.
As XMoney enters the external testing phase, the market generally believes that this system could change the way social platforms and financial services are integrated, further solidifying X’s strategic position in the global digital payments and social fusion race.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
USDS steadies as Sky Protocol vets 70M for Sky Agent Network
Status: No verified approval for 70 million USDS allocation
No verified governance approval is documented for a “70 million USDS” allocation to the Sky Agent Network. Formal approvals in this ecosystem require a posted proposal, a recorded vote, and traceable on-chain disbursements, none of
CoincuInsights3h ago
Aave Event Analysis: Users Lose $50 Million Due to Insufficient Liquidity, Protocol Itself Unaffected
Aave released an analysis report on March 15 regarding users losing $50 million in swaps due to insufficient liquidity, emphasizing that losses stemmed from users confirming poor quotes. To prevent similar incidents, Aave Shield will be launched to limit price impact.
GateNews3h ago
Pump.fun Launches Automated Buybacks for Tokenized AI Agents
Pump.fun enhances the AI-driven crypto economy by automating buybacks for agent tokens, linking success with community holders. Revenue in $SOL or $USDC buys and burns tokens, addressing value accrual issues and encouraging engagement. Developers can adjust buyback rates, ensuring a streamlined process for launching tokenized agents.
CryptoFrontNews3h ago
Sky Protocol Approves 70 Million USDS to Support Sky Agent Launch Phase
Sky Protocol Governance Committee approved the allocation of 70 million USDS to support the launch phase of Sky Agent. The fund allocation includes 25 million USDS each to Keel, Amatsu, and Ozone, with 10 million USDS allocated to an undisclosed Agent. The funds will be disbursed after the March 26 vote and remain under protocol control.
GateNews4h ago
After the network upgrade: What prospects await SOL?
The official approval of protocol SIMD-0266 aims to optimize computing efficiency on the Solana network by introducing p-tokens, simplifying transaction processing. This upgrade, set for April, has prompted increased buying activity and could lead to significant cost reductions and performance improvements.
TapChiBitcoin5h ago
Cardano Foundation Backs 50M ADA Treasury Proposal for Orion Venture Fund
The Cardano Foundation has introduced a new proposal to withdraw 50 million ADA from the Treasury as the initial funding for the Orion Venture Fund.
The Treasury is set to contribute $75 million, while outside investors chip in with $5 million for the fund, which will be managed by
CryptoNewsFlash5h ago
