XRP News Today: XRP Integration Could Boost X-Money Payment System

Elon Musk’s X-Money payment system could potentially be connected to the digital asset XRP, making it a key tool for the system's success. Cross River Bank, which holds all bank accounts associated with X-Money, has been a Ripple partner since 2014, providing real-time international payments. This connection was highlighted by a prominent crypto proponent on X, who noted the bank’s role in the development of X-Money.
Musk has confirmed that a limited-access beta version of the payment system will launch soon. This is a significant moment for the XRP community, as they have long advocated for XRP to be used in Musk’s financial platforms. The presence of Ripple-enabled banking infrastructure at the core of X-Money’s backend raises questions about the possibility of XRP becoming part of the global payments functionality Musk is building.
Ripple’s collaboration with Cross River Bank began in September 2014, when the bank adopted the Ripple protocol to offer real-time international payments. The goal was to provide instant, secure, and compliant cross-border transactions, particularly between the United States and Western Europe. Many experts believe XRP can lead an instant payment revolution, and this partnership shows the asset’s potential.
Ripple technology enables financial institutions to send funds in any currency in real time, without the need for reserve funding. It is built to provide a fast, low-cost, and secure settlement layer that complies with regulatory standards. If Cross River Bank is serving as the foundational banking partner for X-Money, this creates a clear pathway for Ripple technology, particularly XRP, to become part of the broader payment architecture on X.
Recent rumors suggest that Musk will integrate XRP into the new payment system. Although the billionaire has not confirmed these rumors, the infrastructure is likely in place to make it happen without requiring major changes. Musk’s AI-powered chatbot, Grok, has named XRP as the best asset for cross-border payments. Meanwhile, Ripple’s enterprise-grade systems have already proven with Cross River Bank. The conditions for potential XRP use in X-Money are aligned, and if Musk approves this integration, it could change the digital asset landscape.
The listing of Ripple USD (RLUSD) on prominent cryptocurrency exchanges further supports this potential connection. RLUSD, a stablecoin pegged 1:1 to the U.S. dollar, is natively issued on both the XRP Ledger (XRPL) and Ethereum. This dual issuance leverages the unique strengths of each blockchain, making RLUSD a versatile tool for transactions within the X-Money system. The listing of RLUSD on spot trading platforms indicates growing interest and support for XRP-related assets, which could further strengthen the bond between XRP and X-Money.
The potential integration of XRP into the X-Money payment system could have significant implications for both the digital asset and the payment platform. XRP's fast transaction speeds and low fees make it an attractive option for cross-border payments, which is a key feature of the X-Money system. If XRP is adopted as a payment method within X-Money, it could drive increased demand for the digital asset, potentially leading to greater adoption and usage.
However, it is important to note that this connection is still speculative and based on hints and expectations. The actual implementation of XRP within the X-Money system would depend on various factors, including regulatory approvals and technical integrations. Nevertheless, the potential for this connection highlights the growing interest in cryptocurrencies and their potential to revolutionize the payment industry. As the digital asset landscape continues to evolve, the relationship between XRP and X-Money could play a crucial role in shaping the future of payments.
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