The announcement of a payment system called “X Money” by X (formerly Twitter) has generated significant speculation within the cryptocurrency community.
A tweet from crypto researcher Xaif (@Xaif_03) suggested that X could adopt XRP as a payment method, potentially driving significant demand and even causing its price to surge to $500. This claim, while exciting for XRP supporters, remains speculative, as no official confirmation has been provided by Elon Musk or the X team.
Breaking: 🚨
Elon musk launching "X MONEY" Payment System 🚀Rumors of X adopting XRP as payment could drive massive demand. Analysts predict this move might surge XRP’s value directly to $500, 🤯 marking a key moment for investors.
Make this key chain ⛓️ go viral 💪 #Ripple… pic.twitter.com/kcgOEgRDYP
— 𝕏aif🇮🇳|🇺🇸 (@Xaif_Crypto) February 23, 2025
X Money: A Step Toward the “Everything App”
A Fox Business report recently highlighted X’s ambitions to become a “super app,” expanding beyond social media into financial services. The report referenced a post by X CEO Linda Yaccarino, stating that X Money will “connect you in ways never thought possible,” alongside other upcoming X features such as XTV and Grok.
In addition, an official X Money account was created in 2024 and has already amassed over 190,000 followers. This development signals a growing focus on payments within the X ecosystem. However, Musk has not yet publicly commented on the initiative, leaving many details—including the potential integration of cryptocurrencies—uncertain.
XRP’s Role: Speculation vs. Reality
The possibility of XRP being integrated into X Money has been widely debated. Some cryptocurrency analysts argue that Musk’s vision of a financial ecosystem within X aligns with XRP’s fast and low-cost transaction capabilities. Given Musk’s well-documented history with digital assets, including Bitcoin and Dogecoin, there is speculation that XRP could play a role in his payment system.
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Steve Griffith, an X user who commented on the situation, pointed out that X has been “securing money transmission licenses across numerous U.S. states,” indicating a strong commitment to financial infrastructure. He noted that payments and transfers are a key component of X’s broader vision, but he also acknowledged that the specific currencies and technologies to be used remain unclear.
On the other hand, skepticism remains among some members of the crypto community. Another X user, Arthur Klucznik, dismissed the speculation, stating, “He hasn’t launched anything, and when it eventually comes, XRP won’t play any part in it.” This reflects a cautious approach from those who believe that while X’s payment ambitions are real, XRP’s role in them is unverified.
The introduction of X Money represents a significant step in Musk’s broader vision of transforming X into an all-encompassing platform. While speculation around XRP’s integration continues to spread, there is currently no official confirmation that the digital asset will play a role in X’s payment system.
Investors and cryptocurrency enthusiasts will likely continue to monitor X’s developments closely. Until concrete details are revealed by Musk or X’s leadership, discussions surrounding XRP’s potential involvement remain speculative. The coming months may provide further clarity as X moves closer to launching its financial services.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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