Musk accelerates the development of X "super app": launching in-app payments and transactions to speed up fintech transformation.

According to the Financial Times, Platform X (formerly Twitter) is rapidly advancing its fintech transformation and plans to launch comprehensive financial services covering functions such as payments and investments within the year.

The strategy includes in-app daily payments, a creator tipping system, and more advanced investment and digital fund transfer tools. These initiatives also continue Musk's vision of building a "universal application," aiming to deeply integrate social, entertainment, and financial services.

Under the leadership of CEO Linda Yaccarino, X has laid the key infrastructure for its financial services. Currently, the company has obtained multi-state money transfer licenses in the United States and has registered with the Financial Crimes Enforcement Network (FinCEN). On the technical front, the platform is collaborating with Visa to develop the "X Money Account" digital wallet to pave the way for peer-to-peer payments.

It is worth noting that although Musk personally holds Bitcoin and Tesla invests in cryptocurrencies, X has not officially confirmed whether it will integrate digital asset trading, and this "silence" has instead intensified speculation within the community regarding its crypto plans.

Analysis points out that if X opens cryptocurrency functions, it will directly activate the trading potential of its 300 million monthly active users. However, at this stage, the platform prefers to first improve its fiat payment system, which is closely related to the regulatory approvals it has already obtained.

In summary, as the financial landscape expands, X is evolving from a social platform into a one-stop ecosystem that integrates content consumption, instant messaging, and financial services. Whether cryptocurrency will become the final piece of its "super app" puzzle remains an unresolved point of interest.

In summary, Musk is fully advancing the "super app" strategy for the X platform, with his fintech layout covering core areas such as payments, investments, and digital wallets, further demonstrating his firm determination to build a one-stop ecosystem.

Although the integration of cryptocurrency functions has not yet been confirmed, the 300 million user base and compliance advantages leave room for imagination for the future, which is worth our continued attention.

Do you think the X platform will eventually integrate cryptocurrency trading features? How will this move impact its existing user base and market position?

#X超级应用 # Financial Technology Transformation #Cryptocurrency Payment