Elon Musk is accelerating his ambitious plans to turn X into a digital payments hub. X CEO Linda Yaccarino announced a strategic partnership with Visa today, marking a major step in the development of a digital wallet for users of the platform.

“Another major milestone for the Everything App: Visa is our first partner for the X Money Account, which will launch later this year,” Yaccarino said, explaining that the partnership will allow users to deposit money into a digital wallet, transfer money to a bank account, and make peer-to-peer payments.

The move fits 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.

There is growing speculation 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 established itself as a popular platform among cryptocurrency enthusiasts.

X Money is expected to launch in the first quarter of next year, CNBC reported. In a related development, Bloomberg reported that Musk and representatives of the Department of Government Efficiency (DOGE), which Musk oversees, are in talks with blockchain providers.

DYOR!#Write2Earn #Write&Earn $BTC