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Highlights
- Elon Musk's X partners with Visa to launch X Money, enabling real-time funding via Visa Direct and peer-to-peer payments.
- X Money will serve as a digital wallet, part of X’s vision as an “everything app,” set to launch later in 2025.
- X is acquiring state money transmitter licenses to expand its payment network across the U.S.
Elon Musk’s social media platform X, formerly known as Twitter, has partnered with Visa to launch a new digital payments feature later this year. This collaboration will transform X into an “everything app,” sparking speculation about crypto integrations, including Dogecoin. Musk’s prior support for Dogecoin and recent developments surrounding X Money have fueled optimism about the meme coin’s role in the payment ecosystem.
Elon Musk’s X Collaborates With Visa, Sparks Dogecoin Payment Rumors
A X post by CEO Linda Yaccarino revealed that X Money will debut as a digital payment solution through Visa Direct technology. Users can instantly add money to digital wallets and pay each other directly through debit cards on this platform. According to Yaccarino X Money will connect all financial activities together in one app for people who use X.
The company joins forces with Visa to use its expertise in international payments for a better user experience. U.S. customers will access Visa’s real-time transfer solutions for secure payments. As part of its wider digital payments vision, X is working to become a major industry competitor.
Visa tweeted,
“Visa Direct will make it possible for US X Money Account users to fund and transfer money in real-time with their debit card.”
Moreover, recently, speculation about Elon Musk’s X Money launch has fueled optimism for a DOGE price rally. The platform’s potential integration of Dogecoin, alongside Bitcoin and stablecoins, has driven investor interest.
X Money, Vision For an “Everything App”
X Money will serve as a digital wallet integrated into X’s platform, offering seamless payment features. Set to launch later in 2025, it will provide users with instant funding capabilities and a secure environment for financial transactions. The platform’s development aligns with Elon Musk’s vision of transforming X into a multi-functional “everything app.”
To support its payment ambitions, X has been acquiring state money transmitter licenses across the United States. These licenses are crucial for the platform to operate legally and expand its services nationwide. By integrating Visa’s infrastructure and compliance mechanisms, X is building a framework to compete in the digital payment space.
Dogecoin Founder To Join DOGE?
In addition, Elon Musk recently made headlines by inviting Dogecoin founder Shibetoshi Nakamoto to join the advisory panel of the Department of Government Efficiency (DOGE). This development has fueled speculation about Dogecoin’s integration into X Money. The invitation, made on X, aligns with Musk’s longstanding support for the meme coin.
Following the speculations surrounding Elon Musk’s X Money launch, DOGE price rallied 2% in the last 24 hours, reaching $0.3278. The market capitalization surged to $48.45 billion, reflecting growing investor optimism. Dogecoin continues to attract attention amid expectations of its integration into X’s payment system.
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