Rich by Coin

Elon Musk has confirmed that early public access for the upcoming X Money payment system will launch next month. The announcement immediately sparked speculation across the cryptocurrency sector about whether digital assets could eventually become part of the service. X Money is designed to integrate payments directly inside the platform, moving the app closer to being an “everything app.” Early details indicate that users will gain access to a dedicated wallet tab within the app, enabling real-time peer-to-peer transfers between X users, similar to services like Venmo.

The system will also allow users to deposit funds from bank accounts or debit cards, maintain balances in the wallet, and earn up to 6% annual yield on stored funds. As it stands, the service has already secured financial licenses across more than 40 U.S. states. That means regulated payment functionality will be available once early public access begins. Although Musk has not mentioned cryptocurrencies in connection with the launch, the announcement triggered speculation among market participants.

Some observers believe payment integration on a platform with hundreds of millions of users could eventually open the door to digital asset functionality. One commentator suggested Bitcoin could become a natural candidate for integration if X later expands the service to support crypto payments. Others have suggested that additional blockchain networks could be incorporated if the platform moves further into digital finance. One analyst even speculated about future integrations involving faster blockchains such as Kaspa, although no evidence currently supports such plans.

The absence of any reference to Dogecoin also drew attention, given Musk’s longstanding public support for the memecoin and its occasional use within Tesla merchandise payments. Despite that history, the asset was not mentioned in connection with the X Money rollout. That said, one market watcher says the platform’s scale could make any future financial integrations significant. With roughly 700 million global users, X already reaches more people than the estimated number of people worldwide who hold Bitcoin, Ether, XRP, Solana, Cardano, DOGE, etc.