X is set to launch X Payments, turning the platform into a functional bank account where ad revenue could earn interest.
Christopher Stanley, Security Engineer, X:
"Not just tipping. I can pull money into X and store it in my X Wallet and send money to any X Payments user. Think Venmo at first.
Then, as things evolve, you can gain interest, buy products, eventually use it to buy things in stores (think Apple Pay), etc.
The end goal is if you ever have any incentive to take money out of our system, then we have failed, you shouldn't ever need to take money out because you should be able to do anything you need on our platform."
There’s also integration with Shopify to enable creators to sell products directly from their profiles.
Creators stand to gain significantly as X transforms into Elon’s vision of an “everything platform.”
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