Altcoin
X Money to Support Crypto at Launch?
The imminent debut of Elon Musk’s X Money, also known as X Payments, is sparking widespread speculation.
Theories surrounding the payment platform are swirling after X CEO Lindas Yaccarino confirmed on New Year’s Eve that it’ll launch in 2025 alongside X TV and Grok.
According to American entrepreneur Alex Finn, leaked code recently suggested it’ll be launching imminently – possibly even today.
What’s more, it might only be available in 39 US States initially, where X Money’s backbone, X Payments LLC, has secured regulatory approvals.
X Payments to Include Crypto?
At its core, X Money will enable users of X (formerly Twitter) to tip content creators.
With financial incentives enabled by X Money, creators might be more inclined to produce richer content that enhances X’s offerings – especially those who aren’t reliant on conventional ad revenue models.
The platform’s exact details have not yet been disclosed. Yet, Finn announced it’ll support crypto in a self-hosted X space.
There’s surging suspicion that X Money will support Bitcoin ($BTC) and Dogecoin ($DOGE), owing to Musk’s already accepting $DOGE payments at Tesla. Musk also holds $1.1B $BTC for his $1.19T supercar company.
Considering Elon Musk’s Web3 advocacy, crypto and even meme coin support wouldn’t come as a surprise.
Supporting crypto could also provide huge user benefits, owing to its decentralized nature and speedy processing times. As one X user commented in response to Finn’s post, “No permission needed, no holding back, just pure opportunity.”
Best Wallet Could Streamline X Money
Using a reliable crypto wallet like Best Wallet will be an essential accessory for those interested in Musk’s payment platform. That’s because you need a good wallet for your crypto before you can use it to tip anyone.
Best Wallet is on track to attract 40% of the 11B non-custodial wallet market by 2026. It sets itself apart from competitors like MetaMask owing to its unwavering support of presale projects and 60+ blockchain networks.
Best Wallet’s multi-blockchain support and user-friendly functionality should meet X Money payment requirements.
Another perk is its off-ramping function. Users can easily convert crypto into 100 fiat currencies (including $GBP, $USD, and $EUR) in their bank accounts. This means content creators being tipped in X Money can easily convert their funds into real-world currency for everyday spending.
For just $0.023375, $BEST token buyers can join the crypto wallet token project and have a say in the Best Wallet ecosystem’s future. Given the radical disruption changes to the game that launches like X Money pose, it’s no wonder Best Wallet’s presale has already raised over $6.2M.
However, this isn’t financial advice. Be sure to always do your own research before making any bold investment choices.