On November 24, news broke that Elon Musk confirmed in response to a social media post on podcast giant Joe Rogan's profile showing a dollar symbol icon, that X is preparing to launch a remittance feature in its X Payments service. This feature is part of Musk's strategy to transform X into a WeChat-like 'super app'. X Payments LLC has obtained remittance licenses in most states in the U.S. (excluding New York), laying the groundwork for the integration of payment services on the platform. The planned peer-to-peer transaction feature aims to increase user engagement by enabling direct remittances within the platform. While details regarding potential cryptocurrency integrations have yet to be confirmed, given Musk's longstanding support for Dogecoin, the community speculates that this cryptocurrency is likely to be included. Previously in September, it was reported that X's wholly-owned subsidiary XPayments obtained a money transfer license in Oklahoma, and has now accumulated money transfer licenses in 37 states in the U.S. It is said that X Payments aims to seek licensing in all 50 states and hopes to launch payment services across the U.S. later this year.
