Cryptocurrency payments will be possible on X before the end of the year. This is what Ran Goldi of Fireblocks plans, when we recently learned that the “Super app” wanted by Elon Musk should materialize with the release of X Money, during 2025.
Soon crypto on X?
A little over 2 weeks ago, Linda Yaccarino, the director general of X, unveiled X Money's first partnership, and not least. X's future digital portfolio, developed as part of the famous “Super app” dear to Elon Musk, will make it possible to make payments thanks to a collaboration with the giant visa.
For the moment, we have only relatively little information concerning X Money, except that the project should see the light of day before the end of the year. Through this service, it will be possible to send money to and from X and even connect your debit card.
As the many comments under the message from Linda Yaccarino shows, many wonder whether or not the cryptocurrencies will integrate, since we know that Elon Musk is far from being a foreigner.
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The interest of the American billionaire for the crypto translates quite paradoxically into its declarations around Dogecoin (Doge), a same whose course oscillates at the whim of the wind, and for Bitcoin, the king of cryptomonia capitalized at almost 2,000 billion Dollars, via his Tesla company, which today holds more than $ 1.12 billion.
According to Ran Goldi, senior vice-president of Fireblocks, The crypto will indeed be part of X Money, before the end of 2025. In any case, this is what he said to The Block:
If I read current trends, all large payment companies now come to see us by saying: “We need a strategy for digital assets”. They fully expect that by the end of this year, X can probably allow payments in cryptocurrencies.
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Make way for cryptocurrency payments in 2025
Fireblocks is now valued at $ 8 billion, according to The Block. The firm today manages approximately 15 % of on-chain transactions internationally By allowing entrepreneurs and professionals to manage crypto payments. She collaborates in particular with Bny Mellon, Revolut or Moonpay.
“3 years ago, we oriented our compass towards payments, because we really believe that this is where the usefulness of cryptos resides,” said Ran Goldi.
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It remains to be seen if the visions of the latter will come true. But the rapprochement between Elon Musk and Donald Trump, whose administration is now considered pro-Crypto, could well weigh in the scale to release a “Everything app” including cryptos.
Moreover, World Liberty Financial (WLFI), the platform dedicated to the cryptocurrencies of the Trump family, sees in the stablecoins a good way to preserve the hegemony of the dollar. Therefore, their integration on a platform like X Money would make sense.
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