Code Leak: Is X Money Getting Ready to Launch?
Date: 2025-01-03 Author: Henry Casey Categories: BUSINESS
Users have discovered the line “X Money is not available in your state” in the data leak. This has sparked a wave of discussions in the crypto community suggesting the launch of a new payment system in 39 US states. It is in these states that X’s subsidiary, X Payments LLC, previously received licenses for money transfers.
According to analysts, the appearance of the line in the code indicates that the company is ready to launch. Some experts, such as programmer Alex Finn, claim that X may launch without prior approval from all state authorities.
X Payments LLC currently has licenses in 39 states, but 11 states, including New York, Alaska, and Hawaii, remain out of coverage. X Money is expected to support popular cryptocurrencies such as Bitcoin and Dogecoin, given Elon Musk’s affinity for the latter.
Recall that Tesla, another Musk company, already accepts Dogecoin as a payment method and also holds $1.1 billion in Bitcoin. This strengthens the assumption that cryptocurrencies could become the basis for payments in X.
On December 31, 2024, X CEO Linda Yaccarino said that the launch of X Money is planned for 2025, but the exact dates are not specified, and the authenticity of the leaks has not yet been confirmed.
If the system is indeed launched, it will be available to most users in the United States. This could strengthen the position of cryptocurrencies in the financial market and speed up their integration into daily payments.
Experts are confident that the launch of X Money will benefit content creators. The integration of crypto payments could increase their revenue and attract more creators to the X platform.
It is worth noting that there were previously rumors about the possible launch of X's own cryptocurrency, which Elon Musk denied. This gave rise to speculation that Dogecoin could become a key element of X Money.
If the rumors are confirmed, the new payment system could become a powerful tool for popularizing cryptocurrencies, making them an integral part of the financial ecosystem.
