Could Elon Musk’s X Money Use XRP? XRPL Foundation CTO Weighs In
XRP Ledger Foundation CTO Denis Angell has suggested that an integration between X Money and XRP could let users move funds from the payments platform into the token and access yield-generating tools on XRPL.
His idea goes beyond simply adding crypto payments to X Money, as he sees a possible connection between X’s wallet product and XRPL’s lending and asset-management features, with users potentially moving between a consumer payment account and on-chain financial products.
Angell Sees X Money as a Potential XRP On-Ramp “If with X Money you can transfer from your X Money account right into XRP and then use the primitive on the XRP Ledger to drive yield generation, I don’t think there’s anything wrong with that,” Angell said.
He added that the important part would be having “some sort of integration, some sort of onboarding, on-ramp, off-ramp to XRP” within the X social app.
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