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Dogecoin Jumps As Elon Musk Confirms X Money Launch
X Money will offer peer-to-peer transfers, bank deposits, and debit card services with up to 6% yields, licensed in over 40 U.S. states and partnered with Visa.
- Late on Tuesday, March 10, 2026, Elon Musk announced X Money will enter early public access next month as payments features built into X.
- Elon Musk has pushed to expand X since 2022 into messaging, media, and financial tools, with X Money aimed at meeting demand for better returns via a non-stablecoin regulatory path.
- Product descriptions show X Money will include peer-to-peer transfers, bank linking, a debit card and cashback, and X Payments is licensed in over 40 U.S. states with Visa as a payments partner.
- The rollout coincides with Congress debating the CLARITY Act, the U.S. Senate Banking Committee targets mid-to-late March for markup, and Dogecoin rallied as much as 8% after the announcement.
- Despite being described as fiat, long-standing crypto rumors persist that X Money may supply links to exchanges and offer a reported six percent balance yield inside the app.
24 Articles
24 Articles
Elon Musk shares timeframe for X Money early public access rollout
Elon Musk has stated that X Money, the digital payments system being developed for social media platform X, is expected to enter early public access next month. The update was shared by Musk in a post on X. “𝕏 Money early public access will launch next month,” Musk wrote in his post. As noted in a Reuters report, X Money is being developed as a digital payment service that’s directly integrated into the X platform. The system is expected to e…
Dogecoin zooms as Elon Musk announces X Money launch date for April
The payments app offers 6% yield on balances and peer-to-peer transfers inside X, competing directly with the same demand stablecoin products are targeting. No mention of dogecoin or any crypto functionality was included.
Musk social network made a partnership with Visa last year to offer direct payment services to social media application clients
Elon Musk wants to make X a super app, inspired by the WeChat model in China. This project includes a payment system whose early access will be launched in April, following a recent publication by Elon Musk.
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