Elon Musk’s social media platform X plans to implement a new digital payment feature this year by cooperating with Visa. This cooperation is compatible with the goal of X becoming a “everything application” and Dogecoin $0.33411 Increasing speculation in integration of crypto currencies such as. Musk’s previous support for Dogecoin and the latest developments around the X Money have increased optimism in terms of the possible role in the breast coin payment ecosystem.
X Money: Digital Payment System
Linda Yaccarino, CEO of the X platform, said X Money will be a digital payment system supported by Visa Direct. X Money will ensure that digital wallets are instantly financed and one -to -one operations are performed using debit cards. Yaccarino described X Money as a “application of everything ılan aimed at facilitating financial transactions.
Visa Cooperation and User Advantages
The cooperation with Visa aims to improve the user experience by using Visa’s cross -border payment technology. Visa, US -based users will benefit from instant transfers and secure payment solutions, he said. This step is seen as part of X’s strategy of being an important player in digital payments.
“Visa Direct will make it possible for US X Money account users to transfer instant money with debit cards.” – Visa
Dogecoin Integration and Market Effect
Speculation about Elon Musk’s X Money launch had a positive impact on the price of Dogecoin. In addition to the platform’s dogecoin, Bitcoin 
$102,950.2 And the potential to integrate stablecoins increased the interest of investor. Although Musk invited Shibetoshi Nakamoto, the founder of Dogecoin to the Doge Advisory Board, he feeds the hopes of Dogecoin’s integration into X Money, but this is not a simple thing from today to tomorrow. X must obtain crypto licenses. They have officially explained that they have not focused on such a goal, put forward reasons such as regulatory challenges.
The X platform is receiving state -transfer licenses throughout the USA to support payment targets. These licenses are critical for the legally operation of the platform and expanding its services throughout the country. Integrated with Visa’s infrastructure and adaptation mechanisms, the X creates a competitive framework in the field of digital payment.
The integration of Dogecoin into X Money is considered an important step in the crypto currency ecosystem. This integration supports the goal of providing larger financial services to users of the X platform.
The cooperation of the X platform with Visa shows that innovative steps have been taken in digital payment technologies. With X Money, users can perform faster and safe financial transactions.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
