{"id":16313,"date":"2026-07-28T01:35:40","date_gmt":"2026-07-27T23:35:40","guid":{"rendered":"https:\/\/www.mixtv1.com\/index.php\/2026\/07\/28\/x-money-is-launching-in-the-us-starting-today\/"},"modified":"2026-07-28T03:08:49","modified_gmt":"2026-07-28T01:08:49","slug":"x-money-officially-launches-in-the-us-today","status":"publish","type":"post","link":"https:\/\/www.mixtv1.com\/index.php\/2026\/07\/28\/x-money-officially-launches-in-the-us-today\/","title":{"rendered":"X Money Officially Launches in the US Today"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Elon just embarrassed the banks\" width=\"1240\" height=\"698\" src=\"https:\/\/www.youtube.com\/embed\/u3MMTYnhvbU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n<p><a href=\"http:\/\/www.theverge.com\/authors\/stevie-bonifield\"><\/a><\/p>\n<h2>The Evolution of X: Financial Services Go Live<\/h2>\n<p>Stevie Bonifield, a dedicated consumer technology journalist with a background in hardware, gaming, and artificial intelligence reporting at <em>Laptop Mag<\/em>, has been tracking the latest shift in Elon Musk\u2019s digital ecosystem. The platform formerly known as Twitter is officially pushing forward with its ambition to become an \u201c<a href=\"http:\/\/www.theverge.com\/23940924\/elon-musk-x-twitter-all-hands-linda-yaccarino-super-app\">everything app<\/a>\u201d by launching its long-awaited financial arm, X Money.<\/p>\n<h2>What X Money Brings to the Table<\/h2>\n<p>According to reports from <a href=\"https:\/\/9to5mac.com\/2026\/07\/27\/x-money-apple-wallet\/\"><em>9to5Mac<\/em><\/a>, the <a href=\"https:\/\/money.x.com\/en\">payment platform<\/a> is now accessible to a broader audience. Functionally, it mirrors popular fintech solutions like Venmo or Cash App, providing users with a digital wallet for seamless peer-to-peer transactions. Beyond the digital interface, the company is introducing a physical metal Visa card that allows users to showcase their unique X handle.<\/p>\n<p>Key features of the rollout include:<\/p>\n<ul>\n<li><strong>Integrated Ecosystem:<\/strong> Full compatibility with Apple Wallet for mobile payments.<\/li>\n<li><strong>Fee-Free Transfers:<\/strong> Users can send money to others on the platform without incurring transaction costs.<\/li>\n<li><strong>Tiered Interest Rates:<\/strong> The platform promotes an annual percentage yield (APY) of up to 6 percent. However, this high-yield benefit is gated; it is automatically available to Premium Plus subscribers, while standard Premium users must meet specific deposit thresholds to unlock the \u201cboosted\u201d rate, as detailed in the <a href=\"https:\/\/money-support.x.com\/en\/i\/interest-faq\">interest FAQ<\/a>.<\/li>\n<\/ul>\n<h2>From Beta Testing to Public Access<\/h2>\n<p>While X Money was previously restricted to a closed, invite-only testing phase, it is now opening its doors to US-based Premium and Premium Plus members. This expansion follows a timeline set by Elon Musk, who had <a href=\"https:\/\/x.com\/elonmusk\/status\/2031363107839438939?s=20\">previously indicated<\/a> that the service would see early public availability starting in April.<\/p>\n<p>The move into fintech is a significant pivot for a social media giant. For context, the global digital payments market is projected to reach over $15 trillion by 2027, and by integrating these services directly into a social feed, X is attempting to capture a share of the market currently dominated by established players like PayPal and Block. However, the transition has not been without friction; earlier this year, Senator Elizabeth Warren <a href=\"http:\/\/www.theverge.com\/policy\/911702\/elon-musk-x-money-senator-warren\">voiced significant safety concerns<\/a> regarding the platform&#8217;s entry into the highly regulated financial sector.<\/p>\n<p><a class=\"echo_read_more\" href=\"https:\/\/www.theverge.com\/tech\/971649\/x-money-launch-elon-musk\" target=\"_blank\"> \u00bb More Info >>><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Stevie Bonifield is a news writer covering all things consumer tech. Stevie started out at Laptop Mag writing news and reviews on hardware, gaming, and AI. X Money, a core part of Elon Musk\u2019s mission to turn X into an \u201ceverything app,\u201d is rolling out starting today, 9to5Mac reports. The payment platform offers a digital<\/p>\n","protected":false},"author":55,"featured_media":16314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ai_generated_summary":"","wpai_meta_description":"","footnotes":""},"categories":[95],"tags":[260,1411,36,108,426,405,1546],"class_list":["post-16313","post","type-post","status-publish","format-standard","has-post-thumbnail","category-xtra","tag-business","tag-elon-musk","tag-mixtv","tag-news","tag-social-media","tag-tech","tag-twitter-x"],"_links":{"self":[{"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/posts\/16313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/comments?post=16313"}],"version-history":[{"count":0,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/posts\/16313\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/media\/16314"}],"wp:attachment":[{"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/media?parent=16313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/categories?post=16313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/tags?post=16313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}