The payment system "X Money" on the X platform is about to launch, but the license has not yet covered all states in the United States
ChainCatcher news, according to Cointelegraph, the latest code leak from Elon Musk's social media platform X suggests that its payment system "X Money" may be launching soon. Currently, X has obtained money transfer licenses for its payment subsidiary X Payments LLC in 39 states in the U.S., but it has not yet covered all states.
The code displays the message "X Money is not available in your state," raising speculation that it may launch ahead of obtaining approval from all states. X Money will support users in tipping content creators and may integrate cryptocurrency features. Analysts believe that Bitcoin and Dogecoin could be among the payment options.
X CEO Linda Yaccarino has confirmed that the feature will launch in 2025, but has not verified the authenticity of the latest code. If true, X Money may launch first in the states where it has been licensed, temporarily not supporting 11 states including New York and Washington.