• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

X Money Launch Imminent: Code Hints at Launch

user avatar

by Giorgi Kostiuk

3 months ago


Following a software code leak related to the X Money payment system, excitement is building for its potential launch in the US, even without full state approvals.

Code Leak and US Licensing

X has applied for money transmitter licenses for X Payments LLC to operate across the US and has secured approvals in 39 states. The leaked code reveals the message "X Money is not available in your state," leading to speculation that it might launch without all necessary licensing. Alex Finn, a noted American entrepreneur, theorizes that the launch might happen without approval from all states.

Cryptocurrency Support and Community Discussions

X Money may support cryptocurrency due to Elon Musk's openness to digital assets like Bitcoin and Dogecoin. The platform aims to support content creators on X by enabling user tipping. One user responded to Finn noting that creators will earn without stringent regulations. Finn, in discussions, indicated that cryptocurrency will facilitate fast transfers, and may serve as rails for X Payments.

Phased Launch of X Money and Crypto Support

If rumors and speculation prove accurate, the initial launch will occur in 39 states where licensing is secured. Finn stated that states like Alaska, Delaware, and New York wouldn't be supported initially. Elon Musk, a proponent of Bitcoin and Dogecoin, suggests these cryptos could be supported by the platform.

Speculations about the X Money launch continue following confirmation by X CEO Linda Yaccarino that the platform would launch in 2025, though no specific launch date is confirmed yet.

0

Share

Other news

Why DAG Coins Are Gaining Attention in the Crypto World

Exploring DAG projects: advantages, challenges, and future of a new digital transaction approach.

user avatarGiorgi Kostiuk

3 minutes ago

How FloppyPepe, Tezos, and Arkenstone are Shaping Blockchain's Future

FloppyPepe, Tezos, and Arkenstone are shaping blockchain's future with innovations in memes, sustainable growth, and simplified token launches.

user avatarGiorgi Kostiuk

3 minutes ago

VanEck Prepares BNB ETF Launch: What Does It Mean?

VanEck files for a BNB ETF, aiming to leverage BNB's potential in the Binance ecosystem.

user avatarGiorgi Kostiuk

4 minutes ago

Trump's $400M Crypto Payday Spurs Political Tension

Trump family's $400 million crypto earnings raise lawmakers' concerns over regulatory integrity.

user avatarGiorgi Kostiuk

4 minutes ago

First Digital Trust Denies Justin Sun's Accusations, Plans Legal Measures

First Digital Trust refutes claims by Justin Sun aimed to harm, announces plans to protect its reputation legally.

user avatarGiorgi Kostiuk

5 minutes ago

Cloud Mining: A New Era in Cryptocurrency

Cloud mining transforms the cryptocurrency market by lowering entry barriers and enhancing accessibility for investors.

user avatarGiorgi Kostiuk

5 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.