According to swak_12, an X account that provides leaked information from various apps, the “X Payments” feature, which will be the payment system in X, may be available soon.
swak_12 backed this up in his post with an image of the Payments section in the menu.
However, it is not yet known when this feature will be available in X.
However, while Musk is known as one of the cryptocurrency’s closest friends, the latest information suggests that the system will not include cryptocurrencies.
The company told Maine regulators this year that it does not plan to allow users to send and receive virtual currencies, according to Bloomberg.
Social media platforms have historically struggled to embrace cryptocurrency: Facebook announced plans to launch the Diem stablecoin in 2019, but regulators shut down the project within a year of its launch.
Musk took control of the social media platform formerly known as Twitter in late 2022 as the company’s financial situation worsened.
Since then, the Tesla founder has been looking for new ways to make money, with the goal of making X “an app for everything.”
*This is not investment advice.
