X Takes a Step Toward Its “Everything App” Vision!
With X's new name, “X Money,” users will now be able to send and receive money from within the digital wallet. It will first be offered to users in the US in collaboration with Visa.
CEO Linda Yaccarino stated that they aim to transform X into a “WeChat-like all-in-one app”; users will now be able to pay for pizza, make investments, or transfer payments for content.
✅ This step will reduce X's reliance on advertising revenue and open new revenue streams in the financial sector.