Linda Yaccarino, CEO of X (formerly Twitter), has announced the upcoming launch of its X Money payment system, slated for 2025. The initiative aims to transform X into a multi-functional platform, combining finance and content. The announcement is in line with CEO Elon Musk’s vision to create an “app for everything” similar to China’s WeChat. Prominent NFT collector Alex Fein expressed his enthusiasm, predicting significant financial opportunities for early adopters. X Money will enable seamless transactions, including deposits, withdrawals, and tipping on content. Despite potential regulatory and competitive challenges, the initiative could position X as a leader in the social media and fintech space. The official XMoney account, active since January 2024, hints at long-term planning, with over 142,000 followers as of the announcement.

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