X Money payment app launches in April with 6% yield feature

Elon Musk announced that X Money, a payments application built into X, will launch in April. The app will offer 6% yield on account balances and enable peer-to-peer transfers directly on the platform, positioning itself as a competitor to existing stablecoin-based financial products. The announcement generated market interest, though no cryptocurrency functionality was disclosed for the service.

Comments

Leave a Reply

Your email address will not be published.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

More posts