- Anthony Scaramucci, founder of SkyBridge Capital, believes crypto payments will be incorporated into Elon Musk’s vision of turning X into a comprehensive “super app” that could replace various platforms including banking services.
- X has already begun its payment journey with a partnership announced in early 2025 between Visa and X, enabling “secure + instant funding to X Wallet via Visa Direct”.
- While the specific cryptocurrency that might be used remains unclear, Musk is known for his affinity toward Dogecoin and Bitcoin, with Tesla still holding 11,509 BTC valued at over US$1.09 billion.
- Musk has previously suggested humans could be using Bitcoin or other cryptocurrencies on Mars by 2029.
Rumours that Elon Musk will integrate crypto with his platform X (formerly Twitter), have long been circulating. Anthony Scaramucci, the founder of investment firm SkyBridge Capital, who also served as director of communications at the White House under Donald Trump’s first term, believes it could happen soon.
In an interview with Saxo Bank, Scaramucci said he thinks crypto payments could be part of a planned “super app”.
The idea of X as an “everything app” was floated by Musk a while ago, with the aim to turn X into “a single application that encompasses everything”, eventually replacing things like YouTube, LinkedIn, even dating apps and bank accounts.
We’re rapidly transforming the company from what it was, Twitter 1.0, to the everything app.
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Super App Journey Starts with Visa Integration
The super app could combine payments with messaging and other social features and could be using crypto, as per Scaramucci. Though he didn’t specify which crypto could be used, Scaramucci predicts Elon Musk’s future super app will integrate crypto in some form, whether a new token or stablecoin.
I do think that you will see X-XL whatever you want to call that conglomeration he’s going to build a super app there and I think he’s going to be using crypto. Will it be his own coin the way Telegram is doing it? Will it be [a] stablecoin? It will be something. I don’t know what it will be but it will be something.
Anthony ScaramucciEarlier in 2025, X CEO Linda Yaccarino announced a partnership between Visa and X enabling “for secure + instant funding to your X Wallet via Visa Direct”.
To The Moon, Or Mars, Or Not…
While unclear which, if any cryptocurrency will be used, Musk is known for his fondness for Dogecoin and Bitcoin – Musk’s Tesla still holds 11,509 BTC, valued at over US$1.09 billion (AU$1.7 billion).
Musk also personally holds DOGE and has suggested in the past that humans would be on Mars by 2029 and could be using Bitcoin or other crypto as payment – perhaps his vision is for X to become the first payment system on Mars.
In any case, we’ll find out soon, as it’s only four short years away. And Musk has, of course, no history of overpromising and underdelivering.
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