According to Ran Goldi, Senior Vice President of Payments and Network at wallet service provider Fireblocks, X’s payment service, X Money, is expected to have cryptocurrency payment functionality by the end of 2025, based on the information he has gathered, as reported by the media outlet The Block.
X’s CEO, Linda Yaccarino, announced in January of this year that Visa is the first partner of X Money, marking a milestone in X’s vision of becoming an “Everything App.” According to her statement at that time, X Money will allow users to securely and instantly top up their X Wallet via Visa Direct, and will enable linking financial cards for peer-to-peer payments as well as bank transfers.
However, Yaccarino did not mention any integrations related to cryptocurrencies in her announcement, but she indicated that this is “the first of many significant announcements regarding X Money.” Given the support from X’s owner Elon Musk for Dogecoin and the association of the name of the government efficiency department he leads (DOGE) with the Dogecoin token code, many members of the cryptocurrency community believe that X Money may ultimately support Dogecoin payments.
Related articles: “X Platform Executives Reveal Vision for X Payments: Not Just Tips, but Also Transfers and Earning Interest” and “Tesla CEO Musk: I Never Said People Should Invest in Cryptocurrency; I Personally Do Support Dogecoin.”
