Elon Musk plans to integrate crypto into app X
Former White House expert states: "Elon Musk plans to integrate crypto into app X"
Anthony Scaramucci, founder of SkyBridge Capital (and former White House communications director), confirmed in an exclusive interview that Elon Musk will integrate digital currencies into his new app X Super App, which aims to be a comprehensive platform for payments, messaging, and financial services.
What does that mean?
- The app will be a Western model for the Chinese WeChat app (which combines messaging and electronic payments for 1.4 billion users).
- Musk aims to turn X (formerly Twitter) into the largest financial institution in the world, according to his statements in 2023.
- X's partnership with Visa to launch a digital wallet similar to Venmo enhances the expectations for crypto integration.
The main speculations:
- Will Musk launch a currency specific to X (like Telegram)?
- Or will he rely on a stablecoin as a bridge between banks and the digital world?
- What is certain: "There will be something".. according to Scaramucci, who invests in Musk's companies like SpaceX and xAI
Potential implications for the crypto market:
1. Integrating crypto into a platform with billions of users could redefine daily trading.
2. Scaramucci confirms that Bitcoin will remain a safe haven even in the event of an economic recession due to Trump's policies.
3. Musk's moves could cause rapid volatility, and following closely could mean early profits.
Share your predictions: