Overview
- Elon Musk posted that X Money will enter a very limited access beta soon to ensure user funds are handled with “extreme care.”
- The service will allow users to link debit cards via a partnership with Visa for peer-to-peer payments and instant bank transfers through Visa Direct.
- X Payments LLC has secured money transmitter licenses in 41 US states and plans to obtain approval nationwide before a wider rollout.
- X CEO Linda Yaccarino announced the platform’s debut later in 2025, framing it as a key step in Musk’s vision of X as an “everything app.”
- Despite earlier crypto speculation, the beta announcement made no mention of support for Dogecoin or other cryptocurrencies.