X, formerly known as Twitter, is launching X Money in the United States today. The platform aims to transform X into an "everything app" by offering a digital wallet and peer-to-peer payment services akin to Venmo.
X Money will also provide users with a metal Visa card that can be customized with their X username, according to reports from 9to5Mac. This new feature expands the functionality of X beyond social networking, positioning it as a more comprehensive financial platform.
The launch of X Money is a core component of Elon Musk’s broader vision for X. He intends to evolve the platform into an "everything app," offering a wide range of services within a single application. The payment platform includes Apple Wallet support, further integrating it with existing mobile ecosystems.
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