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Linda Yaccarino, the CEO of X, recently dropped some hints about big plans for 2025. Among them is something called “X Money,” which has sparked plenty of buzz, especially with Elon Musk’s known love for Dogecoin.
In a New Year’s post, Yaccarino teased a lineup of innovations coming to the platform, including X TV, X Money, and other upgrades aimed at making the user experience even better. She wrote: “2025 X will connect you in ways never thought possible. X TV, X Money, Grok and more. Buckle up.”
In 2024, X changed the world. Now, YOU are the media!
2025 X will connect you in ways never thought possible. X TV, X Money, Grok and more.
Buckle up. Happy New Year!🥂
— Linda Yaccarino (@lindayaX) December 31, 2024
Traders on the platform appeared excited by the prospect, including Dogecoin co-creator, Shibetoshi Nakamoto, who said: “I approve of anything that potentially gives me more money by using this app a lot.”
i approve of anything that potentially gives me more money by using this app a lot
— Shibetoshi Nakamoto (@BillyM2k) December 31, 2024
So far, neither Musk nor Yaccarino has directly mentioned Bitcoin or cryptocurrencies when it comes to payments on X. That said, all through 2024, speculation has been swirling that X might jump into the crypto space. MacRumors’ Aaron Perris spotted a leaked source code, which contained a message saying, “X Money is not available in your state.” This could suggest that X might be working on a state-by-state rollout plan.
It seems like X plans to launch X money in the US before getting approval in all 50 states pic.twitter.com/M8QBHf3U6S
— Aaron (@aaronp613) January 2, 2025
Musk fuels rumors about X Money crypto integration
In November, ReadWrite reported buzz when Dogecoin shot up by over 11.2% after Musk sparked rumors about its possible integration into X. The Tesla chief shared a screenshot of podcaster Joe Rogan’s profile on X.
A mysterious dollar icon that looked different from the platform’s usual tipping feature was seen next to the profile image. One user called it out, noting the unexpected symbol, writing: “My speculation is that “$” button is used for sending money to someone as a part of X Payments!”
Musk confirmed the speculation by simply answering, “True.”
The CEO has a well-documented knack for shaking up Dogecoin’s price. He even brought up Dogecoin multiple times during a Saturday Night Live appearance. While the shoutout gave DOGE some major mainstream attention, it also triggered a wave of investors selling off their holdings, causing the price to tumble by 20%.
To top it off, both Musk and Tesla faced a lawsuit accusing them of insider trading with Dogecoin, though the case ended up being dismissed.
ReadWrite has reached out to X for comment.
Featured image: Canva
