Elon Musk launches invite-only X Money where users can send cash to one another

ONP 요약
X has launched a digital banking service called X Money for its Premium and Premium+ subscribers in the United States. The feature offers a bank account, virtual wallet, transfers, and a Visa debit card, marking Musk’s push to turn the platform into an 'everything app'.
진보 성향:Everything app push — progressive outlets highlight Musk's ambition to expand X into a multi-service platform.
중도 성향:Financial services rollout — moderate outlets describe X Money as a new banking feature for Premium users.
보수 성향:Banking takeover — conservative outlets emphasize Musk's aim to replace traditional banks with X Money.
Elon Musk’s social media company X, formerly known as Twitter, launched its own bank account-like product where users can send money to one another.
The service, known as X Money, is not a new bank. X Money is using technology and banking services provided by Cross River Bank and branding that backbone as X Money. It is common for new financial companies to use a traditional bank’s backbone to launch their services, as chartering a new bank is a timely and costly process.
Currently X Money is...
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