Elon Musk (일론 머스크), CEO of X, formerly Twitter, said he would add a feature that allows users to send $1 by long-pressing the Like button.
On Oct. 26, blockchain media outlet CoinPost reported that Musk previewed in an X post on Oct. 25 via X Money that he would "enable people to send someone $1 by long-pressing Like."
The feature is expected to be built on X Money, X's payments service. The launch date was not disclosed. It is also unclear whether recipients will be limited to the author of a post. Some interpret it as a creator support or tipping feature, but it has not been confirmed whether recipients must also have an X Money account.
The core of the feature is directly linking social media reactions with payments. Combining a small-transfer function with the Like button that users frequently use could improve access to payments. It needs additional explanation on whether it will be implemented as a simple transfer or creator support.
X Money is expanding its service in the United States. It began the service on July 27 for Premium and Premium+ subscribers in the United States, offers up to 6 percent annual yield on deposited balances depending on conditions, and issues Visa debit cards. Deposits are held by Cross River Bank. The service is limited to the United States, and from Sept. 23 U.S. users not subscribed to a paid plan also became able to use it.
Crypto support has not yet been implemented. X Money currently does not handle bitcoin, dogecoin or stablecoins, and it does not support on-chain payments. The $1 transfer could therefore use dollar balances, but the specific payment method was not disclosed. Some expect crypto adoption given Musk's ties to dogecoin, but the current service focuses on traditional financial payments.
Whether stablecoins will be introduced is also uncertain. U.S. Senator Elizabeth Warren (Elizabeth Warren) sent a letter to Musk in April raising concerns about X Money's consumer protection measures and financial stability. Warren also cited provisions related to private companies in the GENIUS Act, a U.S. stablecoin regulation law enacted in 2025, and asked whether X plans to issue a payment stablecoin. X was reported not to have replied to the inquiry up to the service launch in July.
The preview of the feature shows X's strategy to combine social media and financial services. Key points to watch are the actual launch date, eligible recipients, account requirements for recipients and whether the service will be expanded outside the United States. Whether crypto payments will be supported also remains uncertain.