X is preparing to launch remittance function in X Payments
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PANews reported on November 24 that Musk confirmed in response to a post by podcast giant JOE Rogan showing the dollar sign ($) on his personal profile that X is preparing to launch a remittance function on X Payments.
According to previous news, X Payments, a wholly-owned subsidiary of Elon Musk's X (formerly Twitter), has obtained a money transfer license in Oklahoma and has now accumulated money transfer licenses in 37 states in the US. X Payments is seeking to obtain licenses in all 50 states in the US and hopes to launch payment services across the US later this year.
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