Ahead of the new year, Linda Yaccarino, CEO of X (formerly Twitter), announced a new initiative, X Money, hinting at a payment system coming in 2025.
This statement demonstrates X’s ambition to evolve beyond social networks, becoming a multi-functional platform where finance and content converge.
X Payments transforms Twitter’s digital experience
In his message, Yaccarino describes X Money as part of a broader ecosystem that includes X TV and Grok, X’s AI chatbot, hinting at a fully integrated digital experience.
“In 2024, X changed the world. Now, YOU are the media! In 2025, X will connect you in ways never imagined. X TV, X Money, Grok, and more. Be ready. Happy New Year!” Miss write.
Prominent content creator and NFT collector Alex Finn, known for his financial insights, responded with excitement to the announcement. He emphasized that this innovation could “change X forever,” adding that those who seize the opportunity from the beginning will have the opportunity to earn life-changing money.
Finn explains the features and impact of X Money in a detailed article, predicting it will transform X into a powerful financial force. According to Finn, users can deposit, withdraw, and transfer funds seamlessly within the platform. This integration will extend to content, enabling features like rewards on posts, live streams, and videos.
“X Payments is coming in a STRONG way. It will unlock the creative economy in a way never before seen on social networks. X millionaires will be honored 99% of people will take action when Payments launches. Be the 1% and start preparing now,” Finn emphasize.
He also urged creators to “prepare now,” advising mastering long-form content, going live, and building networks with other creators to make the most of these new tools. Meanwhile, X Money’s broader impacts align with CEO Elon Musk’s vision of turning the social media platform into an “everything app” similar to China’s WeChat.
Despite the excitement, integrating a payment system also poses many challenges. Regulatory barriers, user adoption, and competition from established financial platforms can complicate implementation. However, if successful, X Money could position X as a leader in the new space where social meets fintech.
Musk, who changed his name on X, had not commented on the announcement at the time of publication. However, his previous statements about X’s future also hinted at ambitions that go beyond social networks.
This development is also reminiscent of the platform’s previous efforts to diversify. An official account of X, XMoney, has been active since January 2024, demonstrating long-term planning. As of the announcement, the account had over 142K followers, reflecting widespread interest.