Elon Musk’s social media platform X, formerly known as Twitter, has partnered with Visa to launch a new digital payments feature later this year. This collaboration will transform X into an “everything app,” sparking speculation about crypto integrations, including Dogecoin. Musk’s prior support for Dogecoin and recent developments surrounding X Money have fueled optimism about the meme coin’s role in the payment ecosystem.
Elon Musk’s X Collaborates With Visa, Sparks Dogecoin Payment Rumors
According to an X post by Linda Yaccarino, CEO of X, the company is set to introduce X Money, a digital payments system powered by Visa Direct. The platform will allow real-time funding of digital wallets and enable peer-to-peer transactions using debit cards. Yaccarino described X Money as an “everything app,” aiming to streamline financial transactions within X’s ecosystem.
The partnership with Visa leverages its cross-border payments technology to enhance the user experience. Visa also confirmed the collaboration, emphasizing that U.S.-based users will benefit from real-time transfers and secure payment solutions. This move is part of X’s broader strategy to establish itself as a key player in digital payments.
Visa tweeted,
“Visa Direct will make it possible for US X Money Account users to fund and transfer money in real-time with their debit card.”
Moreover, recently, speculation about Elon Musk’s X Money launch has fueled optimism for a DOGE price rally. The platform’s potential integration of Dogecoin, alongside Bitcoin and stablecoins, has driven investor interest.
X Money, Vision For an “Everything App”
X Money will serve as a digital wallet integrated into X’s platform, offering seamless payment features. Set to launch later in 2025, it will provide users with instant funding capabilities and a secure environment for financial transactions. The platform’s development aligns with Elon Musk’s vision of transforming X into a multi-functional “everything app.”
To support its payment ambitions, X has been acquiring state money transmitter licenses across the United States. These licenses are crucial for the platform to operate legally and expand its services nationwide. By integrating Visa’s infrastructure and compliance mechanisms, X is building a framework to compete in the digital payment space.
Dogecoin Founder To Join DOGE?
In addition, Elon Musk recently made headlines by inviting Dogecoin founder Shibetoshi Nakamoto to join the advisory panel of the Department of Government Efficiency (DOGE). This development has fueled speculation about Dogecoin’s integration into X Money. The invitation, made on X, aligns with Musk’s longstanding support for the meme coin.
Following the speculations surrounding Elon Musk’s X Money launch, DOGE price rallied 2% in the last 24 hours, reaching $0.3278. The market capitalization surged to $48.45 billion, reflecting growing investor optimism. Dogecoin continues to attract attention amid expectations of its integration into X’s payment system.
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