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Elon Musk’s social media platform X plans to introduce a new digital payment feature this year in collaboration with Visa. This partnership aligns with X’s goal of becoming an “everything app,” while also increasing speculation regarding the integration of cryptocurrencies like Dogecoin 
$0.32143. Musk’s previous support for Dogecoin and recent developments around X Money have heightened optimism about the meme coin’s potential role in the payment ecosystem.
X Money: Digital Payment System
Linda Yaccarino, CEO of the X platform, stated that X Money will be a digital payment system powered by Visa Direct. X Money will allow instant funding of digital wallets and enable one-on-one transactions using bank cards. Yaccarino characterized X Money as an “everything app” aimed at simplifying financial transactions.
Visa Partnership and User Benefits
The collaboration with Visa aims to enhance user experience by leveraging Visa’s cross-border payment technology. Visa noted that U.S.-based users will benefit from instant transfers a…
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