Musk once dreamed of making X the “biggest financial institution in the world,” taking the first step of launching a peer-to-peer payments competitor to PayPal’s Venmo, Block’s Cash App and bank-owned Zelle.

X has inked a partnership with Visa as the Elon Musk-owned social media platform seeks to become an “everything" app that offers peer-to-peer payments and other capabilities.

X” – the social network billionaire Elon Musk bought for $44 billion in 2022 is finally expanding into financial services. On Tuesday, the social platform said it has teamed up with the largest US credit card network,