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Elon Musk: Plan to Integrate Bitcoin into X Payments by the end of 2025
In the context of digitalization trends and the explosion of digital payment solutions, billionaire Elon Musk appears to be aiming to turn the X (formerly known as Twitter) platform into a "super app" with the ability to process payments in cryptocurrency - where Bitcoin is seen as the dominant currency - by the end of 2025. X Money Will Be Ready for Crypto Payments According to information from Ran Goldi, Deputy Head of the Payments and Network Department at Fireblocks, sources said that X Money's payment tool is expected to be able to support cryptocurrency transactions by the end of 2025. 'If I interpret the spirit of the times correctly, then large payment companies are currently seeking solutions for digital asset strategies,' Goldi shared. This shows the potential for X Money to expand its functions, allowing users to send and receive money directly in the form of cryptocurrency. Strategic Cooperation and Development of X The cooperation between X Money and leading financial partners like Visa further enhances the feasibility of this project. According to X's CEO Linda Yaccarino, the platform will allow users to top up their digital wallets, transfer funds to bank accounts, and conduct peer-to-peer transactions quickly and conveniently. This is a significant step towards turning X into a multi-functional application that meets the payment and money transfer needs of modern users. Elon Musk's Interest in Cryptocurrency Although Elon Musk and X Money have not officially announced plans to integrate crypto payments, Musk's previous comments on cryptocurrency - especially his prominent support for Dogecoin ($DOGE) - have shown his close relationship with the crypto world. This support is further affirmed by his connections with individuals and organizations inclined to support blockchain technology and cryptocurrency projects. Global Trends and Changes in the Business Environment The fact that X can integrate crypto payments is not surprising given the increasing acceptance of Bitcoin, Ethereum (ETH), and Ripple (XRP) in the corporate environment. In fact, Tesla - Musk's electric car company - has invested over $1 billion in Bitcoin, evidence of his trust and expansion in cryptocurrency. If X implements this plan, it will help drive the trend towards digital payment solutions and enhance convenience for users worldwide. Conclusion Although there are still many details to be confirmed, the plan to integrate Bitcoin and other cryptocurrencies into the payment system of X shows a bold step in Elon Musk's "super app" development strategy. In the increasingly changing market environment, the application of blockchain technology and cryptocurrencies not only expands the scope of X's services but also sets the stage for a new era in digital financial transactions.