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Musk hires crypto-industry designer, accelerating payments push with ‘X Money’

Musk hires crypto-industry designer, accelerating payments push with ‘X Money’

  • X, led by Elon Musk, said it appointed Benji Taylor, who has experience in DeFi and wallet services, as head of design.
  • X said it has signaled an April launch for X Money, as it pushes to expand payments and financial services.
  • X Money is expected to offer transfers, bank deposits, debit cards, cashback, and the company is considering a plan to provide a 6% return on balances in more than 40 U.S. states.

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Photo=Shutterstock
Photo=Shutterstock

X, led by Elon Musk, is stepping up its expansion into payments by hiring a figure from the digital asset (cryptocurrency) industry.

According to CoinDesk on the 25th (local time), X appointed…

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