Elon Musk is making his boldest move yet in finance. The visionary billionaire behind Tesla and SpaceX is now transforming X—formerly Twitter—into a decentralized finance powerhouse. If successful, Musk could deliver the Western version of WeChat, combining social media, investing, payments, and crypto all in one app.
X to Launch Its Own Decentralized Exchange (DEX)
According to a recent post on X by crypto researcher Atlas, the platform is quietly developing into a full-fledged financial ecosystem. Linda Yaccarino, CEO of X, confirmed that in-app investing, tipping, and payments are already in the pipeline. These features will be part of X Money, a new digital finance platform currently in limited beta testing, with a broader rollout expected in 2025.
One major highlight? Visa is now an official partner of X’s upcoming DEX.
Why Musk’s Super App Vision Could Be a Game-Changer
Musk’s ultimate goal is to replicate WeChat’s super app model—but in the West. WeChat dominates in China by combining messaging, payments, e-commerce, and even government services into one platform.
By integrating a decentralized exchange, Musk gives users:
- Full control over their funds
- Censorship resistance
- Lower transaction fees
- Enhanced financial privacy
Other tech giants are taking note:
- Meta is exploring in-app payments
- TikTok is pushing into e-commerce
- Telegram has already launched P2P crypto trading and tipping
But X’s existing scale and Musk’s crypto-friendly stance could give it a major first-mover advantage.
Could X Disrupt Coinbase, Robinhood, and Revolut?
Atlas warns that this move could shake up the entire fintech and crypto exchange landscape. With in-app trading of stablecoins, BTC, ETH, and tokenized assets, X could replace the need for separate apps like Coinbase, Robinhood, and Revolut.
While centralized exchanges like Binance, Bybit, Coinbase, OKX, and Upbit still handle more than 85% of crypto spot volume, decentralized exchanges (DEXs) are rapidly growing.
Top DEXs by volume today include:
- PancakeSwap (v2 & v3)
- Uniswap v2
- Raydium
- Curve Finance
The Future of Finance Will Be Cultural, Not Technical
Atlas emphasizes that mass adoption won’t come from w