Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Elon Musk confirms X is preparing to launch a remittance feature in its X Payments service

Elon Musk confirms X is preparing to launch a remittance feature in its X Payments service

Cointime2024/11/24 02:44
By: Cointime
XOLDTOKEN0.00%DOGE-0.51%

On November 24th, Elon Musk confirmed that X is preparing to launch a remittance function in its X Payments service in response to a social media post by podcast giant Joe Rogan showing a dollar sign icon in his personal profile. The feature is part of Musk's strategy to transform X into a "super app" similar to WeChat. X Payments LLC has obtained remittance licenses in most US states (excluding New York), laying the foundation for integrating payment services on the platform. The planned peer-to-peer transaction feature aims to increase user engagement by enabling direct remittances within the platform. Although details about potential integration of crypto assets have not been confirmed, given Musk's longstanding support for Dogecoin, the community speculates that the cryptocurrency may be included.

In September, it was reported that X Payments, a wholly-owned subsidiary of Musk's X, had obtained a currency transfer license in Oklahoma, bringing the total number of US states where it has obtained currency transfer licenses to 37. X Payments aims to seek licenses in all 50 US states and hopes to launch payment services across the country later this year.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

BTC/ETH VIP Earn Ultimate Carnival is officially here!
Bitget Announcement2025/09/18 07:12
New spot margin trading pair — FLOCK/USDT!
Bitget Announcement2025/09/18 06:55
0GUSDT now launched for pre-market futures trading
Bitget Announcement2025/09/18 05:39

Trending news

More
1
BTC/ETH VIP Earn Ultimate Carnival is officially here!
2
New spot margin trading pair — FLOCK/USDT!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$117,703.47
+1.64%
Ethereum
Ethereum
ETH
$4,604.66
+1.96%
XRP
XRP
XRP
$3.1
+2.37%
Tether USDt
Tether USDt
USDT
$1
-0.02%
BNB
BNB
BNB
$989.19
+3.37%
Solana
Solana
SOL
$248.72
+4.11%
USDC
USDC
USDC
$0.9998
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2819
+3.89%
Cardano
Cardano
ADA
$0.9316
+5.10%
TRON
TRON
TRX
$0.3514
+3.09%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter