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
Polkadot will adjust its economic structure starting March 12, with the total supply cap of DOT set at 2.1 billion tokens.
Polkadot will implement new changes starting March 12, 2026, including a new DOT issuance model, the introduction of dynamic allocation pools, and adjustments to staking and network security mechanisms. The total supply cap is set at 2.1 billion, and the staking mechanism reform will reduce the unbonding period to 24 to 48 hours.
GateNews6m ago
SUN.io Officially Launches SunSwap V4
SUN.io platform launches SunSwap V4, fully upgrading the AMM architecture, reducing multi-hop transaction energy consumption, and supporting native TRX direct trading. The new version enhances developer customization features and introduces a real-time notification mechanism, while users enjoy up to 99% energy subsidies.
GateNews18m ago
Sanae Takashi Denies Connection! Japanese media NoBorder issues tokens, claiming inspiration from Audrey Tang's digital democracy mechanism
Japanese media organization NoBorder recently issued the SANAE Token on Solana, aiming to promote the "Japan is Back" project and explore updates to democratic systems. Sanae Takashi has explicitly stated she is unaware, sparking controversy and a sharp decline in the token price. NoBorder plans to facilitate discussions through citizen feedback collection and AI analysis, and introduce token incentives, but holding a higher proportion of operational shares has raised market concerns about risks.
ChainNewsAbmedia30m ago
Shiba Inu: Connection Problems on Shibarium Usually Not Network Related - U.Today
Shibarium SHIB.io informed the Shiba Inu community that connectivity issues are often due to wallet connection problems rather than network issues. They provided troubleshooting tips and addressed explorer indexing updates, confirming no asset loss while highlighting ongoing network operations.
UToday32m ago
TRON Network Targets AI Infrastructure as Top Priority for 2026
Justin Sun has revealed that developing AI infrastructure is the top priority for the TRON network in 2026.
Sun singled out AI NFT as one of the pioneers, giving users a Web3 gateway to AI.
Artificial intelligence will feature prominently on this year’s roadmap for the TRON network,
CryptoNewsFlash44m ago
SoFi Becomes First Chartered Bank to Support Direct Solana Deposits
SoFi has become the first chartered US bank to support deposits on the Solana network.
The integration allows over 13 million customers to send SOL directly to their SoFi crypto accounts from external wallets.
SoFi, a chartered and FDIC-insured US digital bank serving 13.7 million clients, h
CryptoNewsFlash59m ago
