Musk has mentioned that he plans for X to develop past social media posts, turning into an ‘everything app,’ and the cash transmitter licenses obtained since June from Arizona, Maryland, Georgia, Michigan, Missouri and New Hampshire point out the tech billionaire might have plans to help cost processing nationwide much like Venmo or PayPal, an organization he co-founded. The Rhode Island license, whereas important for allowing funds, can also be a requirement for providing crypto providers.