X Platform’s payment system “X Money” may be launched soon, but the license does not yet cover all US states

PANews reported on January 3 that according to Cointelegraph, the latest code of Musk's social media platform X was leaked, suggesting that its payment system "X Money" may be launched soon. Currently, X has obtained fund transfer licenses in 39 states in the United States for its payment subsidiary X Payments LLC, but has not yet covered all states.

The code shows the words "X Money is not available in your state", which has led to speculation that it may be launched first without approval from all states. X Money will support users to pay tips to content creators and may integrate cryptocurrency functions. Analysts believe that Bitcoin and Dogecoin may be one of the payment options.

X CEO Linda Yaccarino has confirmed that the feature will be launched in 2025, but has not confirmed the authenticity of the latest code. If true, X Money may be launched first in licensed states, and will not support 11 states including New York and Washington for the time being.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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