Elon Musk’s X Money app begins rolling out to some Premium+ users today, with its ‘everything in the app’ payment feature gaining traction. X Money is using Ripple’s long-term partner Cross River Bank as banking infrastructure for its services, sparking speculation about XRP and other cryptocurrencies’ integration in the future.
Elon Musk launches digital payments service X Money
X Money, the payments and digital wallet system built into Elon Musk’s X platform, is Rolling To identify users with features like peer-to-peer transfers, Visa debit card, and high-yield savings options.
– Elon Musk (@elonmusk) June 25, 2026
While it is currently focused on fiat currencies and is supported by traditional rail, its banking infrastructure provider Cross River Bank has been a long-term partner with Ripple since 2014.
FDIC member Cross River Bank serves as X Money’s primary banking partner, holding users’ deposits and Offering up to $10 million in FDIC insurance through… X Cash withdrawal program. It would support basic elements such as card issuance and payment processing.
This puts XRP in the spotlight, sparking speculation about future cross-border efficiency, stablecoin support, or even direct token integration. Cross River uses XRP Ledger to enable faster, low-cost cross-border transfers.
The XRP Army has claimed potential interference in instant deposit and settlement infrastructure. Meanwhile, the launch of Elon Musk’s X Money coincided with Ripple is pushing to provide tradFi service With payments and tokenization infrastructure. XRP’s strengths of liquidity and speed can be valuable.
While X Money is still primarily a fiat-based service in the early public access phase, Elon Musk has previously hinted at the possibility of cryptocurrency integration.
As CoinGape previously reported, Elon Musk’s X launched big plans For stocks and cryptocurrencies, and expanding the Smart Cashtags feature. Users can see larger real-time charts and posts for BTC, ETH, XRP, HYPE, DOGE, TSLA, MSTR, COIN, and more.
Will XRP price rebound?
XRP price pared its gains after rebounding more than 3% after Crypto market collapse. The price is currently trading at $1.03, with a 24-hour low and high of $1.01 and $1.08 respectively. Moreover, trading volume has increased by 25% in the last 24 hours, indicating high interest among traders.
Analyst Ali Martinez noted that XRP is testing a high-volume block at $1.06. On-chain data from UTXO Realized Price Distribution (URPD) showed that more than 830 million XRP were traded at the price.
It makes it a key support level to watch. If the price of XRP declines, the next support levels based on volume are $0.80, $0.62, and $0.51.
CoinGlass data showed selling in the derivatives market amid Crypto options expire. Total open interest in XRP futures fell by 1.83% to $2.31 billion in the past four hours.
