Rumors about the arrival of a new payment system on Elon Musk’s X platform have gained traction following a code leak.
The leaked code snippet, which includes the phrase “X Money is not available in your state”, suggests a potential launch of the service in certain states before gaining nationwide approval.
The payment system, referred to as “X Money”, aims to allow users to tip content creators directly.
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Some believe cryptocurrencies might play a role in the system, given Musk’s history with Bitcoin
X payments in one way or another will support cryptocurrency.
X Payments LLC, the company behind the initiative, has already secured licenses in 39 states. These approvals are essential for the platform to offer monetary transactions legally. However, states like Alaska, Delaware, Hawaii, and New York are among those where X has yet to obtain licenses.
CEO Linda Yaccarino mentioned in a post on January 1 that X Money is planned to launch in 2025. While this statement provides a timeline, it has not stopped rumors of an earlier launch, especially after the code leak.
Despite the excitement, there has been no confirmation from X about the leaked code or any official launch timeline.
As speculation around X Money grows, Elon Musk recently drew attention by changing his X profile name to ‘Kekius Maximus’. How did it affect the crypto community? Read the full story.
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