PANews|7月 28, 2026 00:33
[Crypto-Friendly Bank Cross River to Provide P2P Payment and Banking Services for X Money]
According to Cointelegraph, crypto-friendly banking-as-a-service provider Cross River will offer banking infrastructure for X Money, supporting peer-to-peer payments, FDIC-insured interest-bearing accounts, and Visa debit card services. Cross River's banking platform and payment channels will support X's 'super app' strategy and are designed to scale with additional financial products over time. X Money will enter limited testing in May 2025 and expand to external testing in March 2026. X has obtained money transmitter licenses in over 40 states in the U.S. and is registered with FinCEN to support the platform's peer-to-peer payments. The announcement did not mention support for cryptocurrencies or stablecoins.
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