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If X Money integrates Bitcoin or other cryptocurrencies, it could ignite a bull run similar to PayPal’s 2021 announcement of Bitcoin and crypto support.

Elon Musk's rumored 'X Money' could revolutionize the cryptocurrency market, with plans for X Payments potentially launching without full U.S. approval. This initiative, part of Musk's ambition to transform X (formerly Twitter) into an 'everything app,' may integrate Bitcoin and other digital currencies, possibly triggering a market surge.

Elon Musk, the billionaire behind Tesla and X (formerly Twitter), is once again making waves in the crypto world. A recent leak has revealed a potential game-changing move by Musk as Bitcoin edges closer to the $100,000 milestone. As per speculations, Musk may soon announce the launch of his bitcoin called “X Money."

X Money: Everything we know about it
According to a leak shared by X influencer Alex Finn, newly shipped X code suggests that X Payments—a feature of the anticipated X Money—could launch in the U.S. before obtaining full approval from all 50 states.

New X code has just shipped that reveals X Payments will launch without approval from all 50 states," Finn posted on X, hinting that the rollout could happen immediately.

"Having X Payments enabled in your state means you can potentially start earning tips and payments on your content and Spaces. A MASSIVE boom for creators on X," Finn added.

Since acquiring and rebranding Twitter, Musk has been working on transforming X into an "everything app," akin to China’s WeChat. This includes acquiring money transmitter licenses across the U.S., with payments being a central feature of this ambitious vision.

Meanwhile, MacRumors researcher Aaron Perris added to the speculation by sharing a screenshot of the alleged X code, though it has yet to be verified by the company. Earlier this week, X CEO Linda Yaccarino also claimed that X Money would launch in 2025, along with a suite of other features.

There are intense speculation about X-Money's potential integration with cryptocurrencies like Bitcoin, stablecoins, or blockchain-based payment rails.

“X payments in one way or another will support cryptocurrency,” Finn predicted during an X broadcast. “Crypto will probably be a good amount of rails for [X] payments.”

This wouldn’t be Musk’s first foray into cryptocurrency. Musk's companies, Tesla and SpaceX, already have connections to the crypto world. Tesla holds a significant amount of Bitcoin, and SpaceX has been linked to the stablecoin Tether. Musk has also previously shown interest in Dogecoin, accepting it as payment for some Tesla products.

If X Money integrates Bitcoin or other cryptocurrencies, it could ignite a bull run similar to PayPal’s 2021 announcement of Bitcoin and crypto support, reported Forbes. That move helped kick off a massive Bitcoin rally at the time.

Musk's companies, Tesla and SpaceX, already have connections to the crypto world. Tesla holds a significant amount of Bitcoin, and SpaceX has been linked to the stablecoin Tether. Musk has also previously shown interest in Dogecoin, accepting it as payment for some Tesla products.

The potential impact of X Payments on the cryptocurrency market is significant. If X integrates Bitcoin or other digital currencies, it could trigger a market surge, similar to what happened when PayPal announced crypto support in 2021 ?