X begins rolling out X Money to US premium tiers
X has begun rolling out X Money, a new banking and payments feature inside the X app, but it is only for Premium and Premium+ users in the US right now.
It is a big move toward Musk's goal of making X more than just social media: he wants it to be your go-to spot for chatting, payments, and even banking.
X Money FDIC accounts, payments
X Money gives you FDIC-insured accounts through Cross River Bank, plus easy ways to send money to friends, pay bills, wire funds, or even mail checks, all from the app.
If you are on Premium+, you can earn up to 6% APY on your deposits.
There are built-in security features like passkeys and transaction limits.
Crypto is not supported yet, but the team says they might add stablecoins down the line.
For now, it works in 41 states while awaiting approval in New York and Massachusetts.