X expands access to X Money for premium users as Musk pushes ‘everything app’ vision

• X is expanding its 'X Money' feature to premium subscribers, offering P2P payments, savings, and debit cards powered by Visa.
• The service will focus exclusively on traditional fiat currency transactions, excluding cryptocurrency, and is inspired by WeChat's 'everything app' model.
• This move aims to reduce friction for users by integrating financial services directly into the X platform, leveraging its large user base and distribution.

Topics: Institutional adoption, Payment system integration, Scalability, Payment network integration, Stablecoin payments remittances, Retail global adoption

Tags: #xmoney #elonmusk #everythingapp #premiumusers #p2ppayments #visa #fiatcurrency #moneytransmitterlicenses #wechat #venmo

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