X Money: the platform of Elon Musk is preparing for cryptocurrency payments by 2025

X Money, the financial platform linked to Elon Musk, could support payments in cryptocurrencies by the end of 2025. According to Ran Goldi, an executive at Fireblocks, this development could encourage greater adoption of cryptocurrencies, thanks also to the recent collaboration between X Money and Visa.  

X Money and the evolution of digital payments with cryptocurrencies

The integration of cryptocurrencies into traditional payment systems is becoming an increasingly concrete step. In recent years, payment platforms have undergone a significant transformation, with a growing interest in cryptocurrencies. X Money, born from the ecosystem of X (formerly Twitter), is positioning itself as a key player in the financial sector. The goal is to offer an infrastructure that supports both traditional currencies and digital assets, thus expanding payment possibilities for users and businesses.

According to Ran Goldi, the integration of cryptocurrencies into X Money could occur by the end of 2025. This development would align with Elon Musk’s vision, who has always been in favor of using innovative payments based on blockchain.

The importance of the collaboration between X Money and Visa  

A key element in the expansion of X Money is the recent collaboration with Visa, one of the main players in the payments sector. This partnership aims to facilitate transfers between digital wallets and bank accounts, as well as simplify peer-to-peer transactions.  

The integration with Visa suggests that X Money is building a solid infrastructure, capable of handling both traditional currencies and criptovalute. If the adoption of crypto is successfully implemented, users could benefit from a more efficient payment system, with reduced costs and greater global accessibility.

The role of Fireblocks in the security of digital assets  

Secure management of cryptocurrencies is one of the most critical aspects for any payment platform. Fireblocks, a company specialized in the custody and transfer of digital assets, could play a fundamental role in the integration of crypto in X Money.

The solutions of Fireblocks allow for the protection of users’ funds thanks to advanced security technologies. The adoption of these tools by X Money could ensure reliable transactions that comply with the security standards required by the financial sector.  

Which cryptocurrencies could be supported by X Money?

At the moment, it has not been confirmed which cryptocurrencies will be integrated into X Money, but it is plausible that the first to be supported will be those with the largest market capitalization, such as Bitcoin (BTC) and Ethereum (ETH).

The adoption of stablecoins like USDT or USDC could represent a strategic option to reduce volatility and encourage the daily use of digital assets. Furthermore, the integration of smart contracts on compatible blockchains could pave the way for new financial functionalities for X Money users.  

The implications for the digital payments sector  

The potential integration of cryptocurrencies into X Money could have a significant impact on the digital payments sector. If the platform manages to offer a smooth and secure experience, it could become a reference point for those wishing to carry out transactions in digital assets without having to go through traditional intermediaries.  

Furthermore, the presence of an infrastructure supported by Visa and the security of Fireblocks could reduce the barriers to the adoption of crypto, making them more accessible to a wider audience.  

Conclusion  

The hypothesis that X Money could support cryptocurrency payments by 2025 represents a significant step in the evolution of financial services. Thanks to the collaboration with Visa and the support of Fireblocks, the platform could offer more efficient and secure payment solutions.  

If these forecasts materialize, X Money could become a key tool for the adoption of cryptocurrencies in the real world, offering users new opportunities to manage their digital assets in a simple and secure way.