Elon Musk continues to develop initiatives in digital payments, announcing the X-Money platform that may significantly impact the cryptocurrency market.
Plans for X-Money Launch
Elon Musk is working on a digital payment platform called X-Money, reportedly managed through Cross River Bank. This has raised interest in crypto circles due to its potential link to XRP and other digital assets.
Testing of X-Payments
According to crypto commentator The Real Remi Relief, testing for X-Payments is currently underway, with a potential launch in June. The digital assets believed to be in testing include XRP, XLM, DOGE, and HBAR.
Connection with Cross River Bank and Ripple
Interestingly, Cross River Bank previously integrated with RippleNet, which suggests that XRP may play a significant role in transactions on X-Money. Analysts argue that if XRP becomes part of this payment platform, it could significantly influence its price.
The launch of X-Money and the potential integration of XRP could mark significant developments in digital payments and influence the financial market.
