MUSK VIES TO TURN X INTO SUPER APP WITH BANKING TOOL NEAR LAUNCH

Summary from the TLDR newsletter

X Money is expected to launch to the public before the end of this month. The banking and payments platform will provide free peer-to-peer transfers, a personalized metal Visa debit card, and an AI concierge that tracks spending and sorts through past transactions. It has some competitive perks, including 3% cash back on eligible purchases and a 6% interest rate on cash savings. X Money still lacks payment licenses in several states.