A leaked code from Elon Musk’s X platform has sparked rumors that “X Money,” the platform's long-awaited payments system, could launch at any moment. The latest buzz is fueled by a line in the code that hints at “X Money” being unavailable in certain states, raising questions about the timing and scope of its rollout.
X has already secured money transmitting licenses across 39 states, allowing them to offer X Payments LLC in those regions. Despite this, speculation has arisen that X could launch its payments service in the U.S. without full approval from all 50 states.
The leaked code suggests that users in certain states might see a message stating, “X Money is not available in your state,” which has led to further speculation that the launch could bypass some regulatory hurdles. X CEO Linda Yaccarino recently confirmed the plans to launch X Money in 2025, but the specific details remain unclear.
What Will X Money Do? X Money is expected to allow users to tip content creators, similar to other online platforms. Given Elon Musk's previous openness to Bitcoin and Dogecoin, many are wondering if cryptocurrency will play a role in X’s payment system. American entrepreneur Alex Finn has speculated that crypto could be a key part of X Money, explaining that cryptocurrencies could serve as a fast and efficient method for transactions.
“Musk’s support for $DOGE could mean that the memecoin will play a significant role in X Money,” said Finn during an X Spaces session. He also pointed out that X has already made moves toward cryptocurrency payments on Musk's other ventures, such as Tesla.
Which States Are Left Out? If X Money does launch in 2025, it will first be available in the 39 states where the company has secured money transmitter licenses. However, residents in some states, including Alaska, New York, and Washington, will not be able to access the service initially. These states are still awaiting approval, which could delay the launch in those areas.
As for now, the legitimacy of the leaked code remains unconfirmed, and whether X Money will be supported by cryptocurrency at launch is still uncertain. With Musk’s support for $DOGE and Bitcoin, however, it seems likely that crypto will play some role in the upcoming payment system.
Stay tuned for more updates on X Money as the situation develops!
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