X Money Rumors Grow After Code Leak Suggests Imminent Launch
(Originally posted on : Crypto News – iGaming.org )
A potential leak in X’s latest software code has ignited discussions about the launch of X Money, Elon Musk’s anticipated payment system. The rumored feature could mark a significant step forward for the platform, blending financial tools with its social media ecosystem.
X Money’s Licensing Progress
X has actively sought money transmitter licenses across the U.S., successfully securing approvals in 39 states so far. Speculation surged after a screenshot of the platform’s updated code surfaced online, reportedly showing the message: “X Money is not available in your state.” This line led industry watchers, including entrepreneur Alex Finn, to predict an early launch in states with existing licenses, bypassing areas still awaiting approval.
Finn commented during a self-hosted X Spaces session, “X payments in one way or another will support cryptocurrency,” hinting that digital currencies like Bitcoin and Dogecoin might play a role in X Money. His remarks align with Musk’s history of embracing cryptocurrency for payments in ventures like Tesla and SpaceX.
X Money is expected to allow users to tip content creators directly on the platform. Finn believes cryptocurrencies could streamline the process, adding, “Crypto will probably be a good amount of rails for [X] payments.” This aligns with Musk’s broader goal of integrating innovative payment solutions into X’s framework.
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CEO Linda Yaccarino added to the excitement by confirming in a December 31 post on X that the payment feature is set to debut in 2025. However, the platform has yet to verify the authenticity of the leaked code shared by MacRumors contributor Aaron Perris.
If the launch occurs, X Money would initially operate in licensed states like Texas and California. Meanwhile, states like New York, Washington, and Vermont remain outside the initial rollout due to pending approvals.