Elon Musk X is gradually transforming into a financial ecosystem as an Everything App.
The crypto payment sector may be integrated into the X app in the near future.

X CEO Linda Yaccarino has confirmed that Elon Musk’s “Everything App” is moving into finance. The X app, owned by Musk, is set to introduce investment and trading features. Including these features would allow X to become a full-fledged financial and social ecosystem.

X App to Become a Financial Tool

In a Financial Times interview, Yaccarino stated that the new features will allow users to manage investments, trades, and transactions within the app. She explained that users can use the X app for simple purchases, such as pizza purchases.

According to Yaccarino, the service will launch in the US before expanding to other jurisdictions. Once released, users can use the platform to store funds, tip creators, and purchase merchandise directly on the app. This aligns with Elon Musk’s vision to transform X into a financial ecosystem.

Meanwhile, Musk earlier confirmed news that the X Money, a peer-to-peer digital wallet service, will launch soon in partnership with Visa. The feature will allow users to link debit cards to their digital wallets, simplifying financial payments.

Musk, however, noted that X Money will first launch in beta under limited access. This controlled initial rollout is intended to help protect users’ savings.

X is also exploring launching an X-branded credit or debit card, which could become available later this year. X has become one of the most influential digital spaces since Musk acquired the platform in 2022. Since then, X has released several upgrades that reflect Musk’s vision to make the platform a multi-functional “everything app.”

As previously mentioned in our report, the company has several secured money transmitter licenses across the United States. Additionally, X has secured approvals in over 39 states, which would allow the payment system to operate in those regions once it launches.

X recently announced a strategic collaboration with Polymarket as its official prediction market partner. As summarized in our earlier news story, the integration targets to enhance user predictions with AI-driven insights across real-world events.

Will X Include Crypto Support?

The expansion of X into the digital payment sector has raised questions about the inclusion of crypto. Notably, the crypto community is looking forward to new features enabling crypto payments. 

The nature of the new X payment feature and X Money methods remains uncertain. Still, industry experts believe cryptocurrency may play a role. Some think Musk would incorporate crypto payments into X due to Musk’s long-standing interest in Bitcoin (BTC) and Dogecoin (DOGE). 

Cryptocurrency transactions provide a fast and efficient way to transfer funds, making them a viable option for X payments. However, X has not confirmed whether the Everything App will support crypto payments once the new features go live.

The use of crypto for payments is gaining widespread attention. XRP emerged as one of the top choices for global payments. 

Compared to other top blockchains, XRP can handle more transactions at a lower cost. This makes the blockchain more attractive for banks and cross-border use. In our last update, we examined that XRP payments surged by 117% in just 24 hours. 

The USDC stablecoin from Circle is also gaining relevance in the cryptocurrency payment sector. As we discussed earlier, USDC now runs directly on the XRP Ledger. This integration allows faster, stablecoin transfers and better payment access.

---

Filed under: Bitcoin - @ June 19, 2025 6:22 pm