Wallet service provider Fireblocks’ Senior Vice President of Payments and Network, Ran Goldi, told the media outlet The Block that, according to the information he has, the social platform X’s payment service, X Money, is expected to have cryptocurrency payment functionality by the end of 2025.
X CEO Linda Yaccarino announced in a statement released in January of this year that Visa is the first partner of X Money, marking a milestone in X’s vision of becoming an “Everything App.” According to her statement, X Money will allow users to securely and instantly top up their X Wallet via Visa Direct, and will enable linking financial cards for peer-to-peer payments and bank transfers.
However, Yaccarino did not mention any cryptocurrency-related integrations in her announcement, but she indicated that this is “the first of many significant announcements regarding X Money.” Due to X owner Elon Musk’s support for Dogecoin and the association of the name of the government efficiency department (DOGE) he leads with the Dogecoin token code, many members of the cryptocurrency community believe that X Money may ultimately support Dogecoin payments.
Related Articles: “X Platform Executives Reveal Vision for X Payments: Not Just Tipping, but Also Transfers and Earning Interest” “Tesla CEO Musk: I Never Said People Should Invest in Cryptocurrency; I Personally Do Support Dogecoin”
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