Elon Musk’s platform X is pushing hard to become a full-fledged financial ecosystem. According to CEO Linda Yaccarino, users will soon be able to make payments, trade, and manage their entire financial life within the app. X is preparing to roll out debit and credit cards, launch “X Money” (a digital wallet and peer-to-peer payment system), and integrate Visa as its first partner. The U.S. launch is expected later this year.
The plan resembles China’s WeChat model, with one app handling everything from messaging and shopping to payments and investment. X wants to become the Western version of that, and this includes building a commerce and financial infrastructure that supports both traditional and digital assets.
Will crypto be part of it?
It will, and it must. Just like Revolut, any platform that aims to be globally useful and future-proof needs to include crypto. Adoption doesn’t just come from innovation, it comes from access. For many, the best use case might be the simplest: sending a friend some DOGE for a beer. Or two.
Would I use it?
Yes, if it’s available, compact, and integrated enough to handle real-world casual payments with speed and no friction. There’s value in not needing ten apps to do what one can.
Of course, challenges remain. The regulatory burden will be massive, ad revenue is still shaky, and Musk’s volatile presence continues to make advertisers nervous. But if X really delivers a clean crypto-fiat bridge inside a global social app, the adoption curve could bend fast.
X is not just chasing relevance, it is trying to set the new default. The question is whether users will trust it enough to let it.