X launches X Money service for some Premium+ users, offering up to $10 million in FDIC insurance
Summary
X has started rolling out its X Money service to selected Premium+ users. The service uses an X Cash Sweep Program that offers up to $10 million in FDIC insurance. This move expands X’s financial services footprint and brings payments functionality closer to the core platform. The launch may also signal broader monetization plans for paid users and future financial product expansion.
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