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Elon Musk’s X Money searches for ‘payments platform’ tech lead and Solana is eager to help

The Block
Elon Musk's X Money is hiring a technical lead to build a payments platform, prompting Solana to express interest in assisting the project.

Summary

Elon Musk's X Money is actively recruiting a technical lead to build a new payments platform for the social media network, suggesting progress on the long-anticipated digital wallet.

The job posting seeks an engineering lead to construct the platform "from the ground up" for X's over 600 million monthly users, emphasizing expertise in distributed systems and secure transactions, though it does not explicitly mention cryptocurrency.

This development follows an earlier announcement in January regarding a partnership with Visa for the X Money Account, which aimed to allow users to fund wallets and execute P2P payments as part of Musk's vision to transform X into a 'super app.' The Solana ecosystem, including Solana advisor Nikita Bier who recently joined X, has publicly offered support for the hiring effort, while industry figures like Anthony Scaramucci predict X Money will eventually integrate cryptocurrency or stablecoins.

(Source:The Block)