Speculation is swirling around Elon Musk’s X Money after its partnership with Visa, hinting at possible cryptocurrency integration. While no official statement has been made, insiders believe the platform is gearing up for digital asset transactions. Fireblocks’ Ran Goldi suggests crypto payouts could be live by late 2025.
X Money and Visa Partnership Ignites Crypto Speculation
X Money, formerly known as Twitter, recently partnered with Visa for peer-to-peer (P2P) payments. This move instantly raised eyebrows, sparking conversations about whether cryptocurrency is next. While neither X nor Visa confirmed any plans for digital asset integration, the industry sees this as a logical next step.
The social media-turned-fintech platform has long been under scrutiny for its potential to disrupt traditional payments. With Elon Musk at the helm—a known crypto enthusiast—the possibility of X Money offering crypto payouts is not far-fetched.
A key factor driving speculation? The broader push by financial giants to integrate digital currencies. Visa, Mastercard, and PayPal have already explored blockchain solutions, making it almost inevitable that X will follow suit.
Fireblocks Exec: Crypto Payments on X Money Are a Matter of Time
Ran Goldi, Senior Vice President of Payments and Network at Fireblocks, believes that X Money will support cryptocurrency payouts by the end of 2025. His reasoning? The rapid evolution of digital asset strategies among major financial players.
Goldi’s firm, which plays a role in about 15% of global blockchain transactions, has seen firsthand how traditional payment providers are warming up to crypto. He emphasized that the momentum is undeniable.
One sentence summed up his view:
“They fully expect that by the end of this year, X will probably have the ability to pay out in cryptocurrencies.”
Goldi’s confidence stems from a mix of industry trends and Musk’s track record with digital assets. Tesla has already dabbled in Bitcoin payments, and Musk himself has been a vocal supporter of Dogecoin.
The Gig Economy’s Crypto Demand Is Rising
Freelancers, content creators, and gig workers are increasingly looking for payment options beyond traditional banking. This shift is putting pressure on platforms like X to explore alternative methods, including cryptocurrency.
- A recent study found that more than 60% of gig workers are interested in receiving payments in crypto.
- The biggest draws? Faster transactions, lower fees, and global accessibility.
- Traditional banks often impose delays and restrictions, making crypto an attractive alternative.
If X Money integrates digital asset payouts, it could become a game-changer for millions of creators who rely on social media for income.
Regulatory Uncertainty Could Slow Things Down
Despite the optimism, there’s one major roadblock—regulation. Cryptocurrency remains a hot topic among lawmakers, and any large-scale integration would require compliance with financial regulations worldwide.
Governments across the U.S., Europe, and Asia have taken different approaches to regulating digital assets. Some are embracing it, while others remain skeptical. This fragmented landscape could delay X Money’s crypto ambitions.
One possible workaround? X could initially roll out crypto payouts in specific regions with friendlier regulations before expanding globally. This would allow it to test the waters while avoiding major legal hurdles.
Musk’s Crypto History Adds Fuel to the Fire
Elon Musk’s involvement with cryptocurrency is no secret. His tweets have influenced Bitcoin and Dogecoin prices, and he has previously integrated digital assets into Tesla’s business.
In 2021, Tesla briefly accepted Bitcoin as payment for cars before suspending it due to environmental concerns. More recently, Musk has hinted at expanding crypto adoption across his ventures.
His belief in decentralized finance (DeFi) and blockchain technology suggests that crypto integration on X Money is not just a possibility but a strong likelihood.
While X Money has yet to confirm anything, the signs are there. The Visa partnership, industry trends, and Musk’s own interests all point in one direction—crypto payments are coming. The only question is when.