A recent leak of X’s platform code has sparked rumors about the imminent launch of X Money, a payment system integrated into the social network, according to Cointelegraph. Speculation suggests the system will allow users to transfer funds, including donations to content creators.
A screenshot of the code, leaked by researcher Aaron Perris, contains a line reading: “X Money is not available in your state,” fueling speculation that the launch could take place in the U.S. without covering all 50 states immediately.
Payment Licenses and Current Restrictions
At present, X has obtained money transmitter licenses in 39 U.S. states. However, the service may initially be unavailable in states like New York, Hawaii, Massachusetts, and Washington.
Previously, X CEO Linda Yaccarino confirmed that X Money would launch in 2025, but the company has not commented on the authenticity of the leaked code.
The Role of Crypto in the New System
Rumors about cryptocurrency support in X Money are grounded in Elon Musk’s openness toward digital assets. Musk’s company Tesla already accepts Dogecoin for payments and holds about $1.1 billion in Bitcoin, according to Arkham Intelligence.
American entrepreneur Alex Finn noted that cryptocurrencies could be critical for X Money. “Crypto assets offer the fastest way to transfer funds,” he said, suggesting that Dogecoin and other digital currencies will be integrated into the system.
Prospects and Challenges
If the rumors hold true, X Money will operate in 39 U.S. states where the company already has the necessary licenses. However, full-scale implementation will require overcoming regulatory barriers in the remaining states.
Experts believe that integrating cryptocurrencies into X Money could not only speed up transfers but also attract a new audience with an interest in digital assets.
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