The ongoing clash between Elon Musk and former President Donald Trump has ignited intense speculation about XRP’s potential role in X’s payment system. As market liquidations reached $970M following the Trump-Musk dispute, crypto analysts are closely watching XRP’s positioning for X Money integration.
Market Impact of the Musk-Trump Confrontation
The conflict began when Musk criticized government spending policies on June 4, prompting Trump to threaten Tesla’s government contracts. This political tension triggered a broader market reaction, with Bitcoin dropping to $100,550 and causing significant volatility across the crypto market.
XRP’s Technical Advantages for X Money
XRP’s infrastructure offers several key benefits that align with X Money’s requirements:
- Faster settlement times compared to traditional cryptocurrencies
- Lower transaction fees
- Proven cross-border payment capabilities
- Energy-efficient consensus mechanism
Community Speculation and Expert Analysis
Tech entrepreneur Joshua Dalton’s viral tweet suggesting Musk’s potential preference for XRP has sparked intense debate. While some analysts predict significant XRP price movement, others remain cautious about regulatory hurdles.
Regulatory Considerations
Several key factors could influence XRP’s integration with X Money:
- Ongoing regulatory compliance requirements
- Ripple’s large XRP holdings
- Market liquidity concerns
- Cross-border payment regulations
FAQ Section
When will X Money launch?
X Money is scheduled for release in late 2025, though specific dates haven’t been confirmed.
Could XRP become X’s primary payment token?
While possible, multiple factors including regulatory approval and technical integration would need alignment.
How would this affect XRP’s price?
Integration with X Money could significantly impact XRP’s value, though exact predictions vary among analysts.
Featured image from Shutterstock, chart from TradingView
