X's Head of Product Suggests Launch to Address Crypto Challenges

Nikita Bier, X's head of product, recently commented on the challenging year for cryptocurrency, proposing the launch of a solution to address these issues. According to NS3.AI, Bier's remarks quickly gained attention, amassing over 677,000 views within hours. Meanwhile, Elon Musk announced last month that X Money is set to launch in April, featuring peer-to-peer transfers, bank deposits, a debit card, and cashback rewards. However, the public details currently describe the product as fiat-based, with no confirmed integration of cryptocurrency functionality.