Home” Ecosystem” X teases cash transfer function as part of Musk's everything-app vision
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Nov. 22, 2024
Elon Musk validates X Payments function after a tweet highlights a $ sign on Joe Rogan's profile, sustaining speculation about platform payments.
Picture: Emin Sansar
Secret Takeaways
- X strategies to present a cash transfer function under its X Payments service, lining up with Musk's vision for an ‘whatever app'.
- X Payments LLC has actually obtained cash transmitter licenses in a lot of US states, placing the platform to integrate monetary services.
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X is preparing to introduce a cash transfer function as part of its X Payments service, owner Elon Musk validated in action to a social networks post revealing a dollar indication icon on podcaster Joe Rogan' s profile.
This image was published by @elonmusk on ๐.
My speculation is that “$” button is utilized for sending out cash to somebody as a part of X Payments! pic.twitter.com/QTG4zdT9PQ
— Nima Owji (@nima_owji) November 22, 2024
The function belongs to Musk' s method to change X, previously Twitter, into an โ whatever app comparable to China' s WeChat, which integrates messaging, social networks, and monetary services.
X Payments LLC has actually protected cash transmitter licenses throughout the majority of US states, other than New York, setting the structure for incorporating payment services on the platform.
The prepared peer-to-peer deal ability intends to improve user engagement by allowing direct cash transfers within the platform.
While information about prospective crypto possession combination stay unofficial, speculation continues about the addition of Dogecoin, provided Musk' s previous assistance for the digital currency.
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