Could X Money Integrate XRP? Foundation CTO Shares Insight

Denis Angell, the CTO of the XRPL Foundation, recently discussed how the X Money payment platform might interact with the XRP Ledger. He envisions a system where users move funds from their X Money accounts directly into XRP. From there, users could participate in yield generating activities built directly into the ledger.

Angell highlighted several tools currently available on the network, such as a lending protocol and a single asset vault that functions like a mutual fund. He believes that integrating these features into the X social app would create a simple on ramp for users who want to move beyond traditional payments and into on chain financial products.

Despite this potential, X Money remains a fiat based wallet. The service currently supports standard transfers, direct deposits, and a debit card that offers cashback and interest on cash balances. While Elon Musk has mentioned crypto integration in the past, no digital asset features have officially arrived on the platform yet.

The focus for the XRPL Foundation remains on building financial primitives like bonds and stocks directly into the network. Whether these features ever meet the X payment system remains to be seen. Traders should keep an eye on official updates from X regarding crypto support, as any move to add digital assets would be a major shift for the social platform.