Elon Musk’s X to partner Visa for X Money payments
Elon Musk progresses towards the activation of payment features for X users, the feature that should be launched in 2025.
X CEO Linda Yaccarino announcement That the social network will associate with a giant visa of web2 payments to allow digital transactions directly within the platform, often called “online town hall”.
Nicknamed X Money, the initiative aims to advance Musk’s vision of an “all application” by integrating digital payments into the social media platform. Although rumors suggest that money can include cryptocurrency, neither Musk nor Yaccarino gave confirmation.
However, the in -depth participation of visa in the established links of Crypto and Musk with digital assets suggest that the blockchain -based payment capacity could support deployment. Visa is already collaborating with crypto exchanges on real -time web 3 -time deposits, purchases of non -bubilible tokens and debit cards supported by Crypto, among other features.
https://twitter.com/lindayax/status/188425400518803472222
Before Musk buy Twitter, now X, the platform has taken care of donations via Bitcoin (BTC) Lightning Network and Ethereum (Ethn) Blockchain. The features remain available two years in the property of Musk. In addition, Musk is a public fan of the same Coin Dogecoin (based on ether (DOGE), and its Tesla car manufacturer holds BTC on its balance sheet.
The expansion of X payment features to include a wider operations of digital assets could intensify competition with the telegram. The messaging application is deeply integrated into the open network and allows developers to provide native cryptography services to its almost one billion world users.
In particular, it is not clear if Musk and Yaccarino will be cryptographic integrations Greenlight for X Money or support the development of types on the social network.
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