X is initiating a significant step towards becoming a comprehensive “super app” by seeking a senior engineer to lead the creation of a new, independent digital payment infrastructure.
This move signals a determined effort to transform the social media platform into a financial hub, echoing Elon Musk’s long-standing ambition for X to evolve into an “Everything App” akin to China’s WeChat.
The company recently posted a job opening for a senior engineer to head the development of “X Money,” its forthcoming digital payments and wallet solution. The role emphasizes building a robust payment platform “from scratch.”
This new infrastructure is designed to support secure, always-on transactions and scale for X’s more than 600 million monthly users. The requirement for a “greenfield product environment” suggests X aims to own its payment system rather than merely integrating existing providers.
While the job description does not explicitly mention cryptocurrencies or blockchain technology, it does highlight the need for expertise in distributed systems and secure transactions. This phrasing has led to speculation within the digital asset industry about future crypto integration.
The Solana ecosystem, for instance, publicly expressed interest in collaborating with X, stating the vacancy presents an opportunity to “define how hundreds of millions access financial services.” Nikita Bier, an advisor to Solana, joined X as Head of Product in June, potentially fostering such discussions.
This hiring push follows an alliance announced in January by then-CEO Linda Yaccarino with Visa. That partnership aimed to enable an “X Money Account” by the end of last year, allowing users to load funds, transfer money to bank accounts, and conduct peer-to-peer payments within the network.
However, media reports in January suggested the X Money launch could occur in the first quarter of next year. The recent job posting for a lead engineer to build the system from the ground up implies these timelines may experience some delays.
Elon Musk has frequently signaled an interest in digital assets, at times suggesting traditional currencies could become “irrelevant.” Anthony Scaramucci, founder of SkyBridge Capital, predicted in April that X would eventually adopt cryptocurrencies, possibly a proprietary token or a stablecoin.
Such an integration could facilitate faster, more accessible global payments for creators, merchants, and users, potentially validating digital assets on a massive scale. For now, the absence of explicit crypto mentions in the job posting keeps these possibilities speculative, relying on Musk’s past statements.