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BitcoinSistemi 2025-01-28 17:25:08

Cryptocurrency Speculation Grows For Elon Musk’s X (Twitter) – CEO Announces New Development

Cryptocurrency Speculation Grows For Elon Musk’s X (Twitter) – CEO Announces New Development

Elon Musk is accelerating his ambitious plan to transform X into a hub for digital payments. Today, X CEO Linda Yaccarino announced a strategic partnership with Visa, marking a significant step in the development of digital wallets for the platform’s users. “Another milestone for the Everything App: Visa is our first partner for the X Money Account, which will be launched later this year,” Yaccarino said, explaining that the partnership will allow users to deposit money into their digital wallets, transfer money to their bank accounts, and make peer-to-peer payments. The move is in line with Musk’s long-term goal of creating a super app similar to China’s WeChat, combining social media, payments, and other services into a single platform. Speculation is growing that X Wallet could eventually support digital assets like Bitcoin, given Musk’s crypto-friendly stance and ties to US President Donald Trump. X has already established itself as a popular platform among crypto enthusiasts. Related News: Elon Musk Opposes Donald Trump's Pardon for One of the Surprise Altcoin's Biggest Supporters According to a CNBC report, X Money is expected to be launched in the first quarter of next year. In a related development, Bloomberg reported that Musk and representatives of the Department of Government Efficiency (DOGE), which Musk oversees, are holding talks with blockchain providers. *This is not investment advice. Continue Reading: Cryptocurrency Speculation Grows For Elon Musk’s X (Twitter) – CEO Announces New Development

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