💼 X Becomes a Global Payment Platform
In a tweet that went instantly viral, Elon Musk confirmed that his company X (formerly Twitter) will launch a full-fledged global payments system starting July 2025.
Users will be able to:
💳 Send & receive money
💸 Use Bitcoin, Ethereum, and Dogecoin
🇮🇳 Use UPI and Paytm in India
🌍 Shop globally without third-party apps
> "You’ll never need a bank app again," Musk tweeted.
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🌍 Features of X Payments
🔐 End-to-end encrypted transactions
👥 Peer-to-peer money transfer
🛒 Buy products directly from posts
🪙 Store & swap crypto and fiat in your wallet
🧾 No KYC for micro transactions under $50
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🌎 Global Rollout Plan
🇺🇸 United States & EU: July 2025
🇮🇳 India, Brazil, Japan: August 2025
🌐 Worldwide (Beta): September 2025
Musk says it will be integrated with the X Super App, combining payments, social media, and AI chatbots.
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📉 Impact on Banks & Fintech
X Pay could replace Venmo, Google Pay, PhonePe
Crypto coins saw a 7% price jump after the announcement
Fintech stocks reacted sharply with major di
ps
Experts say it’s the beginning of "Musk Banking 2.0".
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