X Money is launching in the US starting today


X Money, a core part of Elon Musk’s mission to turn X into an “everything app,” is rolling out starting today, 9to5Mac reports. The payment platform offers a digital wallet and peer-to-peer payments similar to Venmo, along with a metal Visa card users can emblazon with their X username. Other perks include Apple Wallet support and free money transfers on X. It also advertises “up to” a 6 percent APY, but only Premium Plus subscribers are eligible for it — standard Premium subscribers have to deposit a certain amount of money to get a “boosted” 6 percent APY.

X Money was previously limited to an invite-only beta, but will now be available to X Premium and Premium Plus subscribers in the US. The launch comes a few months after Elon Musk said “early public access” for the payment platform was launching in April.

Earlier this year, Senator Elizabeth Warren raised safety concerns about X Money, writing that it could pose risks to “consumers, our national security, and the stability of the financial system.” Launching a payment platform on X has been a mission of Musk’s for a while now — in 2023, he said during an X staff meeting that, “If it involves money, it’ll be on our platform.”



Source link

  • Related Posts

    Trump admin exempts SpaceX’s Starlink from FCC ban on foreign-made routers

    The Trump administration today exempted SpaceX’s Starlink routers from the Federal Communications Commission ban on foreign-made routers. A public notice issued by the FCC said Starlink routers received approval from…

    France Records Its First-Ever Pyrocumulonimbus Cloud Amid Record-Smashing Fires

    Firefighters in France are confronting a phenomenon never seen in the region before: fire clouds. It’s a sign of the intensity of the blazes burning—and how climate change is upping…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    10 Transitional Denim Outfits Chic Women Are Wearing

    10 Transitional Denim Outfits Chic Women Are Wearing

    Seattle food festival shooting may be ‘gang-related,’ prosecutors say

    Seattle food festival shooting may be ‘gang-related,’ prosecutors say

    Trump admin exempts SpaceX’s Starlink from FCC ban on foreign-made routers

    Trump admin exempts SpaceX’s Starlink from FCC ban on foreign-made routers

    5 Things Passengers Don’t Know About Premium Economy Dining In 2026

    5 Things Passengers Don’t Know About Premium Economy Dining In 2026

    Shots fired at US consulate in Toronto for a second time this year

    Shots fired at US consulate in Toronto for a second time this year

    Federal judge dismisses a lawsuit over makeup of Trump’s Religious Liberty Commission

    Federal judge dismisses a lawsuit over makeup of Trump’s Religious Liberty Commission