Elon Musk is pitching X Money — the payments arm of X (formerly Twitter) — as a “game-changer,” and the project could land in users’ hands sooner than many expected. Speaking at a recent company event, Musk said X Money will enter a limited “external beta” within the next one to two months, following an internal closed-beta testing phase, before being rolled out more broadly to X’s global user base. “What we’re building with X Money is intended to be where all the money is, the central source of all monetary transactions. It’s really going to be a game-changer,” Musk said, framing X Money as a core piece of his broader plan to turn X into an “everything” super app akin to China’s WeChat. He has predicted that integrating payments with X’s other services could help push the platform toward more than 1 billion daily users. Details on X Money remain thin, but some features have already been announced. In early 2025 X revealed a Visa partnership that it says will enable peer-to-peer (P2P) transfers, debit card support, instant funding into X Money accounts, and standard bank transfers. That puts X into direct competition with familiar players that already offer free P2P transfers — such as PayPal’s Venmo, Block’s Cash App, and JPMorgan Chase’s Zelle — at a time when many payment firms are also building crypto rails and experimenting with stablecoins. Even Stripe, one of X’s partners, has publicly leaned into stablecoin infrastructure. The crypto community has buzzed with speculation about what X Money could mean for the sector. Musk has a known pro-crypto stance (he’s been an outspoken backer of Dogecoin) and has direct payments experience as an early PayPal co-founder. Tesla’s balance sheet — which includes over 11,000 Bitcoin — has only intensified rumors that X Money might support cryptocurrencies in some form. Those rumors received further amplification from Antony Scaramucci, the former White House communications director turned crypto investor, who suggested X’s super-app ambitions will likely include crypto. “I do think you will see X-XL… he’s going to build a super app there, and I think he’s going to be using crypto,” Scaramucci said. “Will it be his own coin… Will it be a stablecoin? It will be something. I don’t know what it will be, but it will be something.” For now, however, no official confirmation has been made that X Money will support crypto. The platform’s upcoming external beta will be the first public test many users get to see, and it may offer clearer signals about how deeply Musk plans to weave crypto into X’s payments fabric. Disclaimer: AMBCrypto’s content is informational and not investment advice. Cryptocurrency trading is high risk; conduct your own research before making financial decisions. © 2026 AMBCrypto Read more AI-generated news on: undefined/news

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