Elon Musk's dream of digital payments for X users takes shape with Visa partnership
Quick Take Chief Executive Officer of X, Linda Yaccarino, announced on the social media platform a partnership with Visa. Visa will enable users of “X Money” to transfer funds from digital wallets to bank accounts and peer-to-peer payments, according to Yaccarino.

Elon Musk's vision to provide X users with digital wallets is beginning to take shape, as the social media platform's CEO, Linda Yaccarino, announced a partnership with Visa on Tuesday.
"Another milestone for the Everything App: Visa is our first partner for the X Money Account, which will debut later this year," Yaccarino said in an X post , adding Visa will enable users to fund their digital wallet, transfer funds to bank accounts, and peer-to-peer payments.
The move is part of Musk's broader strategy of creating a super app akin to WeChat. Given Musk's close association with U.S. President Donald Trump, who has increasingly embraced crypto, it raises the possibility that the X Wallet could eventually allow for the storage of digital assets like bitcoin. The X platform is popular among crypto enthusiasts.
X Money will likely launch during the first quarter, according to CNBC. Visa has long been a key partner for many companies operating within the world of crypto eager to make it easier for consumers to access digital wallets.
In other Musk-crypto-related news , the billionaire and representatives of the Department of Government Efficiency, which Musk leads, recently spoke with blockchain providers to explore options for putting federal government systems on-chain, according to a Bloomberg report.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Despite Bitcoin’s Decline, Tom Lee Maintains BTC Will Still Be the Year’s Best Bet
Fake ‘Investment Education’ Crypto Scams Are Exploding—Regulator Issues Dire Warning
Crypto Podcaster Busted in Vegas After $2M Scam—A Fugitive’s Last Gamble
24 Ways Crypto Investors Are Being Hunted by Cybercriminals—Wallets Drained at Record Speed
Trending news
MoreCrypto prices
More








