Elon Musk announced that the built-in payment system XMoney within the X platform has completed internal closed testing. It is expected to launch a limited external beta in the next one to two months, followed by gradual rollout to users worldwide. This feature is positioned as a core financial module within the X ecosystem, supporting in-app peer-to-peer transfers and various currency trading scenarios.
Musk stated that XMoney will be deeply integrated with communication features like XChat to form a unified “in-platform financial hub,” encouraging users to continuously use X across social, payment, and communication scenarios. He emphasized that the goal is to enable users to “accomplish everything they need in one app” and to drive the platform toward a long-term vision of over one billion daily active users.
This plan builds on technological groundwork laid over the past year. In early 2025, X partnered with Visa to test digital wallets and peer-to-peer payment functions. The recently launched XChat introduced end-to-end encrypted communication, which Musk described as a “privacy protection solution approaching Bitcoin-level security,” laying the foundation for financial features.
Since acquiring and rebranding as X in 2022, Musk has continuously expanded the platform from a traditional social network into a multifunctional super app, encompassing AI tools, long-form video content, and payment infrastructure. Although whether XMoney will integrate cryptocurrencies has not been disclosed, former CEO Linda Yaccarino mentioned that X will also offer investment and trading services in the future, indicating that digital assets may become an important part of its financial ecosystem.
As XMoney enters the external testing phase, the market generally believes that this system could change the way social platforms and financial services are integrated, further solidifying X’s strategic position in the global digital payments and social fusion race.
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