The post X Money Set to Launch in 2025 — On Crypto Rails? appeared on BitcoinEthereumNews.com.

The year 2025 is set to be a pivotal moment for Elon Musk’s ambitious plans to transform X, the app formerly known as Twitter. With over a billion users and a growing ecosystem, Musk is set to take a massive leap into fintech with X Money, a new payment system to merge social media, payments, and cryptocurrency. CEO Linda Yaccarino dropped the bombshell announcement on New Year’s Eve 2024, laying out plans for X Money alongside other innovations like X TV and Grok, an AI chatbot. Her message to users painted a vision of a fully integrated app, “In 2024, X changed the world. Now, YOU are the media! 2025 X will connect you in ways never thought possible. X TV, X Money, Grok, and more. Buckle up. Happy New Year!” Source: X X has been inching closer to the “everything app” dream Musk has been chasing for years. The idea is to emulate China’s WeChat, a platform that allows users to message, shop, and transfer money without ever leaving the app. The stakes are enormous, and with over a billion registered users—though only 40% are active—X is uniquely positioned to disrupt both social media and fintech. X Money — Crypto on the Horizon? The big question on everyone’s mind is whether X Money will include cryptocurrency. Musk’s Tesla is using cryptocurrency. In October, the company transferred $765 million to Bitcons to an unknown address. Known for his love of Dogecoin, Musk might use X Money as the vehicle to finally integrate crypto into everyday transactions. In 2021, Musk halted Bitcoin payments for Tesla, citing environmental concerns over energy use. At the time, he stated that Bitcoin mining would need at least 50% renewable energy to reconsider. Fast forward to now, miners have hit 56.7%, with green energy hotspots like…

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Filed under: News - @ January 2, 2025 4:27 pm